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Chinese Firms

  • EghtesadOnline: Chinese companies can weather the first wave of unilateral US sanctions effective on Tuesday by expanding the use of renminbi (RMB) in their transactions with Middle East countries, Chinese observers said on Monday.

  • EghtesadOnline: Chinese companies doing business with Iran can tap into a government trade organization to prepare for US sanctions that are set to take effect against Tehran next week.

  • EghtesadOnline: Chinese enterprises will not pull out of Iran after US sanctions kick in, but they may face a tough business environment due to pressure from the US, Chinese analysts said following reports that the US demanded China and other countries cease imports of crude oil from Iran.