Trump's visit to China on the eve, the US suddenly turns hostile! China responds with a "Three No's" ban, hitting back in the financial war at the White House

Can you believe it? Trump is about to arrive in Beijing, and the US suddenly flips the table!
Just before the visit, the US Treasury's OFAC brandishes 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, Standard Chartered 1.1 billion. This time, the US aims to use dollar hegemony 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 enforce, and not to comply with US sanctions! Anyone who cooperates with the US to breach contracts? Chinese companies will directly sue in Chinese courts, forcing them to reveal their assets in China.
In the past, America's dominance was because the world feared it. Now? Middle Eastern oil trade with China is settled 41% in RMB, and CIPS has over 1,500 participants. 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 transfusion.
This move is not just talk, it’s real action. The US is uncomfortable: either expand sanctions and clash with China's financial system; or endure— but from now on, US sanctions will no longer work in China.
Bloomberg was shocked: China has normalized this. In the future, if the US tries "long-arm jurisdiction" again, beware of having your arm chopped off. #比特币波动 $BTC