Beijing has called for diplomacy after Treasury Secretary Scott Bessent urged countries to join Washington’s economic campaign against Tehran China has refused to join a US plan to “squash” Iran’s economy, rejecting Washington’s push to be part of the “toughest sanctions in history” against the Islamic Republic.On Thursday, US Treasury Secretary Scott Bessent called on American allies and other countries to choose sides and stop doing business with Iran, as Washington prepares what he touted as “the greatest coordinated economic isolation in the history of the world.”In an interview with CNBC, Bessent described the plan, expected to be unveiled on Monday, as “a one-two punch” combining a naval blockade with “the toughest sanctions in history.” He claimed it would “squash” the Iranian economy and “collapse this regime.”Beijing, however, has rejected Washington’s call.“Regarding the Iran issue, sanctions and pressure do not help resolve the problem,” Reuters quoted a spokesperson for the Chinese Embassy in Washington as saying. “China calls on the relevant parties to take responsible actions and resolve the issue through political and diplomatic means.” Bessent’s remarks followed US ...

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