U.S. Threatens Sanctions on Chinese Banks Over Iran Aid | China in Focus

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The United States is waging economic warfare against Iran. Treasury Secretary Scott Bessent says he warned Chinese banks that doing business with Iran could trigger U.S. sanctions.
New details are emerging about China’s theft of cutting-edge U.S. AI technology. Lawmakers warn it is a growing national security threat.
China is growing upset over a Japanese warship passing through the Taiwan Strait. Meanwhile, Japan is taking a more assertive defense stance—preparing to relax weapons export restrictions and secure Pacific sea lanes.
New Zealand is sending surveillance aircraft to waters near China. Why is the island nation deploying military planes thousands of miles away?

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