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Full Coverage China says EU ban on Iran oil not "constructive" Tweet Share this Email Print Related News Exclusive: Halkbank to handle Iran payments so long as legal 8:36am EST Ahmadinejad says EU to be sanctions loser 9:36am EST Analysis & Opinion Press Round-up – January 26 The elephants in the Davos ski lodge Related Topics World » China » EDITORS' NOTE: Reuters and other foreign media are subject to Iranian restrictions on leaving the office to report, film or take pictures in Tehran. Credit: Reuters/Raheb Homavandi BEIJING | Thu Jan 26, 2012 9:36am EST BEIJING (Reuters) - China on Thursday criticized the European Union for banning oil imports from Iran, Beijing's third biggest crude supplier and a major trading partner. The European Union agreed on Monday to ban imports of oil from Iran and imposed a number of other economic sanctions, joining the United States in a new round of measures aimed at pushing Iran into reining in its nuclear activities that Tehran says are for peaceful purposes. China, the world's second largest crude consumer, has long opposed unilateral sanctions that target Iran's energy sector and has tried to reduce tensions that could threaten its oil supply. Last week, Beijing told a visiting Iranian delegation that returning to nuclear talks was a "top priority." During a tour to Arab states earlier this month, Chinese premier Wen Jiabao also made a strong statement opposing Iran developing and possessing nuclear weapons, but defended China's right to buy Iranian crude oil as normal trade activity. Asked about the EU embargo, China's Foreign Ministry said in a faxed statement: "It is not a constructive approach to simply pile up the pressure and impose sanctions." "China hopes relevant parties to resort to measures conducive to regional peace and stability," the statement added. China is the largest buyer of Iranian crude oil, importing 30 percent more from Iran in 2011 compared to the previous year. But China halved its purchases from Iran in January and February, following a dispute over the terms of payment. (Reporting by Chen Aizhu and Tracy Zheng; editing by Miral Fahmy) World China Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. 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