China has pledged to protect its interests following the US announcement of expanded economic sanctions targeting Iran and nations conducting trade with it, including Beijing.

Foreign Ministry Spokesperson Lin Jian stated that China strongly opposes what it describes as “illegal unilateral sanctions” and will implement “all necessary measures” to defend its legitimate rights and interests.

The statement came in response to US Treasury Secretary Scott Bessent’s announcement of sweeping new measures on Monday, which aim to isolate any country engaging in financial partnerships with Iran.

As the largest purchaser of Iranian oil, China has faced significant pressure, though energy trade volumes have decreased amid ongoing US restrictions on maritime access through the Strait of Hormuz.

Lin emphasized that “China-Iran cooperation has always operated within the bounds of international law and must not be subjected to external interference or disruption.”

Bessent characterized the new sanctions as “the most comprehensive financial assault” ever imposed on Iran, cautioning that financial institutions and commercial entities could face consequences if they continue business relationships with the country.

While avoiding naming specific countries, Bessent indicated that President Donald Trump intends to contact global leaders personally to urge them to sever ties with Tehran.

When questioned directly about Chinese financial institutions, Bessent underscored that “no entity is beyond the scope of US sanctions.”

These developments occur against the backdrop of anticipated bilateral discussions between Trump and Chinese President Xi Jinping next month.

Analysts suggest Washington may proceed cautiously given potential economic retaliation from Beijing, which dominates global rare earth mineral processing—critical components for advanced technology manufacturing.

China has previously leveraged its strategic control over rare earth exports during trade disputes with the United States.

Iranian officials have responded defiantly to the escalated sanctions, with Economy Minister Ali Malemizadeh asserting that Tehran is “fully prepared” and has developed contingency strategies over a two-year planning horizon.

“Our government remains ready and has formulated comprehensive plans to navigate these challenges,” Malemizadeh said in a televised address, adding that Iranian authorities possess “independent tools” and understand “how to engage strategically.”

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