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Bloomberg Daybreak: Asia Edition

Iran Sanctions, China Credit

Apr 17, 2024
Experts Kirsten Fontenrose, Shuli Ren, and Dominic Schnider discuss topics like US sanctions on Iran, China's real estate issues, and APAC market perspectives. They cover defense industry impacts, sanctions enforcement, Chinese property developer challenges, currency analysis, and market outlook discussions.
22:03

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Quick takeaways

  • US sanctions on Iran target energy, financial, arms, and government sectors, with cover companies bypassing restrictions.
  • China's real estate troubles raise concerns about state bailouts and entrepreneurship amid cash flow challenges.

Deep dives

US Sanctions on Iran's Sectors and Entities

The US holds diverse options for sanctions on Iran, including targeting the energy sector, financial institutions, arms trade, and government entities like the Supreme Leader and the Islamic Revolutionary Guard Corps. New sanctions may focus on restricting petroleum exports and components for Iran's drone or missile programs, often involving cover companies to procure parts. There is a growing emphasis on enforcing existing sanctions, reflected in recent legislation from the US House of Representatives.

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