this post was submitted on 30 Apr 2026
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China authorises asset seizures after US blocks Iranian oil, ramps up efforts to secure supply chains (www.moneycontrol.com)
submitted 2 weeks ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[โ€“] eldavi@lemmy.ml 2 points 2 weeks ago (1 children)

does it have it have access to enough assets to turn this seizure into leverage?

[โ€“] yogthos@lemmygrad.ml 2 points 2 weeks ago

I mean most manufacturing happens in China, so all western companies have a ton of assets there.