China denounces US sanctions on company dealing with Iran

China criticized U.S. sanctions on a Chinese company selling refined petroleum products to Iran, calling Washington's punishment an unreasonable step beyond international sanctions on Tehran's nuclear programme.   

On Thursday, the Obama administration invoked U.S. law to sanction China's state-run Zhuhai Zhenrong Corp, which it said was Iran's largest supplier of refined petroleum products.   

"Imposing sanctions on a Chinese company based on a domestic (U.S.) law is totally unreasonable, and does not conform to the spirit or content of U.N. Security Council resolutions about the Iran nuclear issue," the Chinese Foreign Ministry spokesman Liu Weimin said in a statement issued on the ministry's website (www.mfa.gov.cn) late on Saturday.   

"China expresses its strong dissatisfaction and adamant opposition," said Liu.   

The Obama administration said its sanctions against the Chinese company and two other firms are part of a broadening effort to target Iran's energy sector and press Tehran to curb  its nuclear ambitions, which Western governments say appear aimed at developing the means to make atomic weapons.   

Iran says its nuclear activities are legitimate and entirely for peaceful ends.   

The U.S. sanctions threat is a worry for China, the biggest buyer of Iranian oil, followed by India and Japan. Only Saudi Arabia and Angola sell more crude than Iran to China.         

Reuters