𝕏xCN WorldDiplomacy first seen 6 h ago, last 4 h ago, peak #4

China freezes Iranian funds after Trump-Xi summit

Original: In case you were wondering what Trump got out of his summit this week with Xi Jinping, check this out: China just froze

Following this week's summit between Donald Trump and Xi Jinping, reports say China has frozen Iranian funds held in the country. Commentators point out that China was previously buying roughly 90% of Iran's oil exports before US pressure curtailed that trade, and are framing the move as a sign of shifting geopolitics and a concrete gain for Trump from his meeting with Xi.

Why now: The alleged freeze of Iranian assets is seen as a major, immediate diplomatic outcome of the Trump-Xi summit.

Donald TrumpXi JinpingChinaIran

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Evidence

• In case you were wondering what Trump got out of his summit this week with Xi Jinping, check this out: China just froze all of Iran's money there. This is the same China that was buying 90% of Iran's oil exports before Trump's blockade. It's a new world, folks. · RodDMartin · 7.6K

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