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PRINTChina on Wednesday urged the U.S. to revoke its sanctions against Bank of Kunlun Co., a unit of state-owned China National Petroleum Corp., and warned that the move would damage China's interests and Sino-U.S. relations.
U.S. sanctions against Chinese financial institutions "badly violate rules governing international relations and hurt China's interests," China foreign ministry spokesman Qin Gang said in a statement posted on the ministry's website. "China is strongly dissatisfied, is firmly opposed to it and will raise solemn representations to the U.S. from both Beijing and Washington."
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