Wednesday, August 1, 2012

China says US sanctions against Chinese bank over transactions with Iran will damage ties

BEIJING — China’s Foreign Ministry on Wednesday urged the United States to rescind sanctions imposed on a Chinese bank over its transactions with Iran, saying the move damaged China-U.S. relations.
Ministry spokesman Qin Gang said in a statement that China expressed its strong dissatisfaction and firm opposition and would lodge an official protest with Washington.

“We ask the U.S. to correct the mistake, withdraw its sanctions against Bank of Kunlun — which is controlled by a major Chinese oil company — and stop harming Chinese interest and hurting bilateral relations,” Qin said.

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