China’s commerce ministry has called on the United States to lift sanctions on Chinese companies and citizens related to Iran. The ministry’s statement criticizes what it describes as ‘erroneous practices’ by the U.S. and calls for immediate correction. This appeal comes amid ongoing tensions between the two nations over trade and geopolitical issues. Market participants are interpreting this statement as potentially indicating a softening in U.S.-China relations, which could influence diplomatic engagements, including a potential visit by Chinese President Xi Jinping to the U.S. before the end of 2026. Current odds reflect a 98% probability for this visit.
Source: Read the original article
