'Fake Bank', Real Billions? China’s Secret $2.5 Bn Iran Network Dares Trump | Firstpost Live| 4K

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Amid Trump’s economic sanctions, have Iran and China created a secret trade route? Firstpost brings you the details. Iran is using a barter-like mechanism in which oil sales generate credits for Chinese goods, helping Tehran bypass conventional banking routes. Reuters reports that $2 billion to $2.5 billion has flowed through a special-purpose vehicle over the past year. Iran gets medicines, vehicles, and communications equipment, while China gains discounted crude. As sanctions intensify, Beijing’s Iran trade poses a growing challenge for Trump. Gursshheen Gahllen brings you the latest on Firstpost Live. --- 00:00 - Introduction 00:30 - China Slipping Through Sanctions' Net? 00:50 - Scott Bessent Statement 01:50 - Iran-China Trade Flow 02:45 - Chinese Statement 03:05 - US Economic Retaliation 04:10 - Alternative Financial Channels --- Trump | China | Iran War | Iran Economy | Iran Support | Iran China | China Iran Ties | Firstpost | Firstpost Live #trump #xijinping #iran #first

Tags: China, Iran, US, Donald Trump, China Iran ties, Iran sanctions, US Iran tensions, China sanctions evasion, Iran oil exports, Chinese banks, fake bank, shadow banking, secret banking network, $2.5 billion Iran network, China Iran trade, sanctions network, Trump Iran policy, Iran financial network, Chinese financial institutions, Iran sanctions evasion