China's Yuan Trade Network Gives Iran and Russia a Sanctions Escape Route
🏦 BEIJING — Washington's sanctions architecture has a Chinese bypass already at scale. 📌 LOOK CLOSER: Iran just rejected US strings on its $12B in frozen funds — easier to do when yuan-settled trade with China provides an independent revenue floor. As Rubio courts Gulf states to tighten economic pressure on Tehran, China's parallel system limits how much that pressure bites. The MOU's economic leverage rests on Iran needing dollar access; that need shrinks as yuan channels widen.
