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(New York Times) Thomas Erdbrink - On Saturday, Iran's leaders and China's visiting president, Xi Jinping, agreed to increase trade to $600 billion in the coming decade. A strategic pact between the two countries has given China a much-needed western gateway to Middle Eastern markets and beyond, while saving Iran from international isolation and economic ruin. "Where we had to stand on the sidelines, the Chinese have been filling the void," said a European diplomat. "They are way ahead of all of us." China has been Iran's biggest trading partner for the past six years.2016-01-25 00:00:00Full Article
China Deepens Its Footprint in Iran after Lifting of Sanctions
(New York Times) Thomas Erdbrink - On Saturday, Iran's leaders and China's visiting president, Xi Jinping, agreed to increase trade to $600 billion in the coming decade. A strategic pact between the two countries has given China a much-needed western gateway to Middle Eastern markets and beyond, while saving Iran from international isolation and economic ruin. "Where we had to stand on the sidelines, the Chinese have been filling the void," said a European diplomat. "They are way ahead of all of us." China has been Iran's biggest trading partner for the past six years.2016-01-25 00:00:00Full Article
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