China publicly rejects US 'long-arm' sanctions, reiterates opposition to unilateral coercive measures

On 17 September 2026 China publicly rejected US 'long-arm jurisdiction' and reiterated opposition to unilateral sanctions and secondary measures, saying normal trade and economic cooperation should not be subject to third-party coercion. Beijing warned it may take measures to protect its development interests.

China’s stated refusal to accept unilateral US secondary sanctions (announced 17–20 Sep 2026) could create political cover for alternative trade or finance channels for sanctioned exporters. That may raise non‑US buyers’ access to commodities (notably Russian oil), which could increase global supply and weigh on oil-linked fiscal revenues in oil-dependent African sovereigns (Angola, Nigeria) while easing importers’ FX and fiscal pressures (Egypt, Kenya). The outcome is conditional on concrete policy steps by Beijing and counterparties, and does not imply immediate market repricing.

Look for specific Chinese policy measures, new state-backed purchase agreements or banking guidance that enable trade with sanctioned suppliers.