The Growing Beijing/Tehran Axis

A few excerpts from this important report:

China and Iran have been cultivating an increasingly close relationship in recent months, one borne from China’s need for energy to run its growing economy and Iran’s need for consumer goods to satisfy its young, West-leaning population. Ali Akbar Salehi, Iran’s former representative to the International Atomic Energy Agency (IAEA) recently confirmed this, saying, “We [Iran and China] complement each other. The Chinese have the industry and the Iranians have the energy resources.” ...

Viewing China’s increasing dependence on Middle East natural resources as a national security issue, the Bush Administration has attempted to prevent further energy deals between China and Iran, but to no avail. Indeed, one official from Sinopec, China’s second largest oil company, said last January that, “Sinopec is paying no attention to the U.S. request and will do its utmost to carry on its bidding for an exploitation project in an Iranian oilfield.” more

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