The U.S. is threatening to cut businesses that help Iran evade sanctions off from the American financial system.

It puts China’s banks in an uncomfortable position: Beijing can reject the demands, but its biggest lenders still have strong incentives to preserve access to U.S. dollars.

Find out what China's options are: http://cnb.cx/4zTkgZs

The U.S. is threatening to cut businesses that help Iran evade sanctions off from the American financial system.

It puts China’s banks in an uncomfortable position: Beijing can reject the demands, but its biggest lenders still have strong incentives to preserve access to U.S. dollars.

Find out what China's options are: http://cnb.cx/4zTkgZs

Source:https://twitter.com/cnbc/status/2092431896021979436