A New Round of Security Council Resolutions Against Iran?

The Financial Times is reporting that China will back a new round of Security Council sanctions against Iran, a departure from its stance since the release of the most recent International Atomic Energy Agency report on Iran's nuclear program. If true, this means that Russia is the only country that now opposes the third round of multilateral sanctions agains Iran.

The U.S. and western allied countries are pushing for a new sanctions resolution to pass the Security Council by the end of the year. The resolution would likely "extend lists of Iranians prohibited from traveling freely and of Iranian companies and banks prohibited from doing business with the international community."

In response to the Financial Times article, China's Xinhua state news agency on Sunday gave no hint of a change of heart on stronger sanctions.