China and the United States have unleashed a barrage of economic sanctions and export control measures in recent days – and the tit-for-tat exchange is unlikely to end soon as the two sides seek leverage in ongoing talks over trade and technology issues, analysts said.
On Thursday, Washington imposed sanctions on a slew of Chinese entities, including an independent refinery and terminal, alleging they were involved in purchasing or shipping Iranian oil.
Just hours earlier, Beijing had issued six…