The Chinese Communist Party (CCP) is slashing exports of oil products and other materials in what insiders describe as akin to “wartime measures” and potentially providing indirect support to Iran.
A source in China’s foreign trade sector familiar with import-export policy told the Chinese-language edition of The Epoch Times on March 6, using the pseudonym Huang Juguang out of fear of reprisal, that amid rising tensions in the Middle East, Beijing has ordered relevant domestic enterprises to tighten export controls on strategic materials, including tactical drones, rare earth minerals, and refined petroleum products.
According to Huang, some technology companies and trading firms have already received verbal notices requiring additional reviews of export contracts and stricter approval procedures for the ones involving “sensitive regions.”…
China Tightens Export Controls on Strategic Materials Amid Iran Tensions: Insiders
