China orders firms to defy US sanctions, banks face showdown

By The BriefBrief

The article says China ordered companies to defy US sanctions, raising risks for the banking sector.

WHO: China

WHAT: China orders companies to defy US sanctions.

WHEN: May 2, 2026 at 9:35 AM ET

WHERE: China

WHY: It is a response to US sanctions.

How this story developed (showing 22 of 22 earlier reports)

Trump weighs easing Iran-linked sanctions on China · May 15, 2026 at 11:05 AM ET
Trump administration calls out China on Iran, AI, spying · May 14, 2026 at 2:05 PM ET
US issues new sanctions over Iran oil shipments to China · May 11, 2026 at 10:04 PM ET
Iran war raises stakes for US and China before Trump–Xi · May 11, 2026 at 3:04 PM ET
Trump to discuss Iran with Xi Jinping during China visit · May 10, 2026 at 7:03 PM ET
Trump to press Xi over China’s Iran conflict approach · May 10, 2026 at 3:03 PM ET
U.S. Sanctions Target Network Supporting Iran’s Military · May 9, 2026 at 1:00 PM ET
U.S. sanctions firms and individuals over Iran support · May 9, 2026 at 7:00 AM ET
DOJ probes $2.6B oil trades tied to Iran war, sources say · May 7, 2026 at 8:00 AM ET
China steps up Iran war diplomacy before Trump-Xi summit · May 6, 2026 at 10:03 AM ET
China pushes Iran to negotiate as Trump visit nears · May 4, 2026 at 12:03 PM ET
Beijing tells China refiners to ignore U.S. sanctions · May 3, 2026 at 8:03 PM ET
China’s Commerce Ministry blocks US sanctions on refineries · May 2, 2026 at 9:04 AM ET
China UN envoy calls US ‘bullying’ as sanctions widen · May 1, 2026 at 6:04 PM ET
US sanctions Iran exchanges and China oil terminal · May 1, 2026 at 3:34 PM ET
Trump’s Iran blockade complicates China trip · Apr 30, 2026 at 3:00 PM ET
US sanctions target Iran’s covert ‘shadow banking’ network · Apr 28, 2026 at 10:03 PM ET
US threatens to sanction banks helping China buy Iran oil · Apr 28, 2026 at 10:03 PM ET
China-US tensions build over Iran and AI before Trump-Xi summit · Apr 28, 2026 at 10:03 PM ET
US sanctions 35 for aiding Iran sanctions evasion · Apr 28, 2026 at 3:05 PM ET
US sanctions on Russia and Iran draw scrutiny · Apr 26, 2026 at 6:03 AM ET
U.S. widens sanctions on China-Iran shadow trade · Apr 25, 2026 at 4:06 AM ET

Reporting from 14 identified publishers across this event arc.

View all 14 publishers

Publishers represented across this event arc

ABC News —
2 articles
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Al Jazeera — View reporting
Bloomberg —
4 articles
CNBC Top News — View reporting
Dawn Pakistan — View reporting
Japan Times — View reporting
Jerusalem Post —
2 articles
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Middle East Eye — View reporting
New York Times —
2 articles
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NPR — View reporting
South China Morning Post —
4 articles
Straits Times —
3 articles
Tampa Free Press — View reporting
The Hindu —
2 articles
- View article 1
- View article 2

These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.

How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.

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