China formally rejected demands to join the Trump administration’s expanded economic campaign against Iran on Monday, Aug. 24. On Monday, the Chinese Ministry of Foreign Affairs (MFA) warned against U.S. economic warfare and vowed to protect its legitimate rights. The statement was made by MFA spokesman Lin Jian in the Chinese capital Beijing, according to reports. [1] This development comes as U.S. Treasury Secretary Scott Bessent unveiled what he called “Operation Economic Outcast,” a new phase of sanctions targeting nearly 60 entities, individuals and vessels across Iran’s oil, nuclear, missile and cyber networks. The measures are designed to punish “enablers”…
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