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China warns it will protect its interests after US widens sanctions against Iran
With the announcement of new sanctions, the US treasury secretary claimed America was "no longer managing the Iranian threat, we are ending it".
China is the biggest buyer of Iranian oil, although the trade has declined under the US blockade of Iran's ports.
China has vowed to protect its interests after the US announced plans to widen economic sanctions against Iran and its trading partners, which include Beijing.
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