On the eve of Trump's visit to China, the United States suddenly flips out! China strikes back with a "Three No's" ban order, and the financial war hits the White House in the face.

Can you believe it? Trump is about to arrive in Beijing, but the U.S. suddenly throws a tantrum!
Just as the visit to China is countdown, the U.S. Treasury Department's OFAC wields the "long-arm jurisdiction" stick, sanctions 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 dollars, Standard Chartered 1.1 billion. This time, the U.S. aims to leverage dollar hegemony to cut off the financial lifeline of Chinese companies.
But unexpectedly, China is no longer used to this.
On May 2nd, the Ministry of Commerce directly issued Announcement No. 21 of 2026—three "not allowed": not to recognize, not to enforce, and not to comply with U.S. sanctions! Anyone who cooperates with the U.S. to breach contracts? Chinese companies will directly sue in Chinese courts, forcing them to pay and even liquidate their assets in China.
In the past, America's dominance was because the world feared it. Now? Middle Eastern crude oil trade with China is settled 41% in RMB, and CIPS has over 1,500 participants. Hengli Petrochemical derives 90% of its revenue domestically, with over three months of crude oil inventory prepared, and RMB settlement channels are very stable.
You sanction me? I fight back with a change of blood.
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 it— but from now on, U.S. sanctions won't work in China.
Bloomberg was shocked: China has normalized this. In the future, if the U.S. tries to do "long-arm jurisdiction" again, be careful your arm might get chopped off.