Iran Worried About China
By Micah Halpern
Thursday August 9, 2018
I've Been Thinking:
Iran is worried that China is a moving away from support of their country.
China is investing $3 billion in Bangladesh - especially in infrastructure.
The Chinese have plenty of money to invest and they are already heavily invested in Asia. But Iran is worried that this specific investment may be a sign that, because of the new US sanctions on Iran, China is pulling away.
The essential point is that China is a huge economy and exports everywhere - especially to the United States. Truth is, the US cannot function without Chinese products. But China is also a great client of Iran - especially for oil and other energy resources.
China has said that they will not adhere to the US sanctions against Iran - but you never know. So Iran is watching the Bangladesh investment very carefully.
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