China has struck a deal with America’s enemy – Iran. It’s a $400 billion economic and security strategic partnership deal.
As always, China is using its chequebook to have its way. It has bought Iran over for $400 billion dollars. It is a 25-year strategic accord with an 18-page agreement that weds Iran to China for a quarter of a century.
Once it is signed, Iran will open its doors for Chinese investment not just in one or two sectors but across the Iranian economy. The Chinese presence in Iran would expand in banking, telecommunications, ports and railways, also more than a dozen projects will go to Chinese companies. Read More…
