Why should the United States sanction Zhuhai Rong Zhen Company?

It is a central enterprise. Mainly energy and communications.

Zhuhai Rong Zhen Company has engaged in more than 60% of the total trade between China and Iran.

US Treasury Secretary Timothy Geithner visited Beijing, hoping to get China's support on the issue of sanctions against Iran, but China refused.

Therefore, the United States announced sanctions against foreign companies doing business with Iran, including China's Zhuhai Rong Zhen Company.

Means of US sanctions: American enterprises are restricted from doing business with sanctioned companies, mainly because the United States is a financial empire, and many transnational operations involve American banks, such as cross-border settlement and related party transaction settlement. China now has direct settlement channels with Iran, without going through American banks, so it is estimated that China can only say some diplomatic words.