The China-Iran Deal Isn’t Everything It’s Cracked Up to Be—but It Still Matters
A Chinese gas station in the Middle East?
April 1, 2021
The China-Iran Deal Isn’t Everything It’s Cracked Up to Be—but It Still Matters
A Chinese gas station in the Middle East?
On Saturday, the Chinese foreign minister came to Tehran to sign a major trade and investment agreement. Although the text has not been made public, it purportedly involves Beijing funneling $400 billion into the Islamic Republic over the next 25 years. Elliott Abrams carefully outlines why he believes this figure to be exaggerated, perhaps wildly. Nonetheless, he writes, the deal will have real consequences—and also reveals something about Iran’s current circumstances:
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