China's Bank of Kunlun Resumes Iran Business

The main Iran-China banking channel is functioning after China's Bank of Kunlun resumed services for Iranians on Monday, deputy president of Iran-China Chamber of Commerce and Industries said. 
Majid Reza Hariri told the Financial Tribune that China was resuming banking ties with Iran after it received waivers from the United States to import Iranian oil last month, but the process was delayed to iron out the details.