China
zhōng guó
中国
and
yǔ
与
World
shì jiè
世界
Beijing (as seat of government)
Běijīng
北京
for the first time
shǒucì
首次
to demand / to require
yāoqiú
要求
China
Zhōngguó
中国
enterprises / companies
qǐyè
企业
to ignore / to disregard
wúshì
无视
the United States
Měiguó
美国
against / on
duì
对
oil refiners / petroleum refiners
liànyóu shāng
炼油商
(possessive particle)
de
的
sanctions
zhìcái
制裁
China
Zhōngguó
中国
government
zhèngfǔ
政府
for the first time
shǒucì
首次
publicly / openly
gōngkāi
公开
to demand / to require
yāoqiú
要求
enterprises / companies
qǐyè
企业
to ignore / to disregard
wúshì
无视
the United States
Měiguó
美国
against / on
duì
对
oil / petroleum
shíyóu
石油
oil refiners
liànyóu shāng
炼油商
(possessive particle)
de
的
sanctions
zhìcái
制裁
to continue
jìxù
继续
to carry out / to conduct
kāizhǎn
开展
relevant / related
xiāngguān
相关
business / business dealings
yèwù
业务
exchanges / dealings
wǎnglái
往来
this move / this action
cǐjǔ
此举
to raise / to trigger
yǐnfā
引发
outside observers / the outside world
wàijiè
外界
regarding / about
duì
对
China
Zhōngguó
中国
banks
yínháng
银行
institutions / organizations
jīgòu
机构
may / possibly
kěnéng
可能
(passive marker)
bèi
被
to be excluded / to be cut off
páichú
排除
from / outside of
zài
在
US dollar
Měiyuán
美元
settlement / clearing
jiésuàn
结算
system / framework
tǐxì
体系
outside of / beyond
zhīwài
之外
(attributive particle)
de
的
concerns / worries
dānyōu
担忧
May 4, 2026 at 10:40 AM
China
Zhōngguó
中国
government
zhèngfǔ
政府
for the first time
shǒucì
首次
publicly / openly
gōngkāi
公开
to demand / to require
yāoqiú
要求
China
Zhōngguó
中国
enterprises / companies
qǐyè
企业
to ignore / to disregard
wúshì
无视
the United States
Měiguó
美国
against / on
duì
对
oil / petroleum
shíyóu
石油
oil refiners / petroleum refiners
liànyóu shāng
炼油商
(possessive particle)
de
的
sanctions
zhìcái
制裁
sources / insiders
xiāoxi rénshì
消息人士
to state / to say (formal)
chēng
称
Beijing
Běijīng
北京
to / toward
xiàng
向
relevant / concerned
xiāngguān
相关
enterprises / companies
qǐyè
企业
to issue / to send out
fāchū
发出
directive / order
zhǐlìng
指令
requiring / demanding
yāoqiú
要求
them / their (formal)
qí
其
to continue
jìxù
继续
with
yǔ
与
(passive marker) / having been
bèi
被
the United States
Měiguó
美国
to designate as / to list as
lièwéi
列为
sanctions
zhìcái
制裁
target / subject
duìxiàng
对象
(attributive particle)
de
的
oil refiners
liànyóu shāng
炼油商
to carry out / to conduct
kāizhǎn
开展
business / business dealings
yèwù
业务
exchanges / dealings
wǎnglái
往来
this move / this action
cǐjǔ
此举
(passive marker)
bèi
被
to be considered / to be regarded as
rènwéi
认为
is / to be
shì
是
Beijing
Běijīng
北京
in / during
zài
在
China-US / Sino-American
Zhōng-Měi
中美
economic / economy
jīngjì
经济
strategic contest / game
bóyì
博弈
in / within (context)
zhōng
中
to take (a step) / to step forward
màichū
迈出
(attributive particle)
de
的
important / significant
zhòngyào
重要
one step / a step
yī bù
一步
the United States
Měiguó
美国
previously / before this
cǐqián
此前
against / on
duì
对
multiple (companies) / several
duō jiā
多家
linked to / associated with
yǔ
与
Iran
Yīlǎng
伊朗
and
hé
和
Russia
Éluósī
俄罗斯
related / associated
xiāngguān
相关
(attributive particle)
de
的
oil refiners
liànyóu shāng
炼油商
to impose / to implement
shíshī
实施
sanctions
zhìcái
制裁
to restrict / to limit
xiànzhì
限制
their / them
qí
其
to obtain / to access
huòdé
获得
international
guójì
国际
financial / finance
jīnróng
金融
services
fúwù
服务
if (formal / literary)
ruò
若
China
Zhōngguó
中国
enterprises / companies
qǐyè
企业
to follow / to comply with
zūnzhào
遵照
Beijing
Běijīng
北京
directive / order
zhǐlìng
指令
to act / to proceed
xíngshì
行事
relevant / concerned
xiāngguān
相关
banks
yínháng
银行
may / possibly
kěnéng
可能
to face / to be confronted with
miànlín
面临
(passive marker)
bèi
被
to be excluded / to be cut off
páichú
排除
from / outside of
zài
在
US dollar
Měiyuán
美元
settlement / clearing
jiésuàn
结算
system / framework
tǐxì
体系
outside of / beyond
zhīwài
之外
(attributive particle)
de
的
risk
fēngxiǎn
风险
this time / this round
cǐ cì
此次
standoff / confrontation
duìzhì
对峙
(passive marker)
bèi
被
outside observers / the outside world
wàijiè
外界
to view as / to regard as
shìwéi
视为
China-US / Sino-American
Zhōng-Měi
中美
the two countries
liǎng guó
两国
on / regarding
zài
在
global / worldwide
quánqiú
全球
financial / finance
jīnróng
金融
dominance / leadership role
zhǔdǎo quán
主导权
issue / question
wèntí
问题
on / regarding
shàng
上
(possessive particle)
de
的
a new round
xīn yī lún
新一轮
contest / competition
jiàoliàng
较量