Before Trump's visit to China, the United States suddenly changed its stance! China countered with a "Three No's" ban, and the financial war hit the White House in the face

Can you believe it? Trump is about to arrive in Beijing, and the U.S. suddenly flips the table!
Just as the visit to China is countdown, the U.S. Treasury's OFAC swings the "long-arm jurisdiction" stick, sanctioning five Chinese refining companies—including Hengli Petrochemical. How harsh is this move? The SDN list—any global financial institution daring to trade with them will be fined until bankruptcy. BNP Paribas was fined 8.9 billion, Standard Chartered 1.1 billion. This time, the U.S. aims to leverage dollar dominance to cut off the financial lifeline of Chinese companies.
But unexpectedly, China is not tolerating this time.
On May 2nd, the Ministry of Commerce directly issued Announcement No. 21 of 2026—three "not allowed": not to recognize, not to implement, and not to comply with U.S. sanctions! If anyone cooperates with the U.S. to breach contracts, Chinese companies will directly sue in Chinese courts, forcing them to surrender their assets in China.
In the past, America's dominance was because the world feared it. Now? Middle Eastern oil trade with China settled in RMB has accounted for 41%, and over 1,500 institutions participate in CIPS. Hengli Petrochemical derives 90% of its revenue domestically, and has prepared over three months of crude oil inventory, with a stable RMB settlement channel.
You sanction me? I fight back with a blood swap.
This move is not just talk; it's real action. The U.S. is feeling the heat: either expand sanctions and clash with China's financial system; or endure— but from now on, U.S. sanctions won't work in China.
Bloomberg is also surprised: China has normalized this. In the future, if the U.S. tries "long-arm jurisdiction" again, be careful your arm might get chopped off. #比特币波动 $BTC