Any China-Iran Deal Will Be Mostly About Business
It won’t be about a strategic realignment to spite the U.S.
Big optics, small investments.
Source: Anadolu Agency/AnadoluThis article is for subscribers only.
Last week, an 18-page document began circulating on Iranian social media that was purportedly a draft of negotiation points for a new agreement between China and Iran. The unverified document, which listed over 100 potential projects, led to breathless reporting that Iran had prepared a “final contract” that would see the country deepen its economic dependence on Beijing.
Within Iran, the presumed deal has been met with fierce opposition across political camps, all of which are opposed to the idea of increased dependence on China.