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PoliticsDozens of China and Hong Kong Entities Hit by Bessent’s Iran Sanctions

The Trump administration’s latest sanctions against Iran have swept up dozens of businesses in China and Hong Kong, while stopping short of the far more consequential move of targeting major Chinese financial institutions.

Iran sanctionsChinaHong KongUS policy

People in this report Scott Bessent

BBloomberg News★★★★☆2026-08-25 22:00Original

Dozens of China and Hong Kong Entities Hit by Bessent’s Iran Sanctions
Dozens of China and Hong Kong Entities Hit by Bessent’s Iran SanctionsPolitics