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China to Protect Interests Against US Sanctions, FM Spokesperson Says

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The Chinese government will act to protect itself against the US sanctions targeting trading partners dealing with Iran, according to Foreign Ministry Spokesperson Lin Jian on Monday.

"China will closely watch relevant developments and do what is necessary to protect our legitimate rights and interests," Jian stated in a press conference transcript published on a government website.

The US Treasury on Monday unveiled a sanctions package targeting entities dealing with Iran, including businesses based in Hong Kong and mainland China. Nonetheless, major Chinese financial institutions are not included.

When asked about China's response on US measures, Jian called for de-escalation of tensions and urged parties "to act rationally and with restraint."

"Sanctions and pressure tactics do no help in resolving issues. They will only lead to escalation that serves no one's interest," Jian said.

China, a major buyer of Iranian oil, is also closely monitoring the Middle East situation and is committed to promoting peace talks, according to the spokesperson.

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