Atlantic Council: No, Iran isn’t going to be a Chinese client state
PEJOURNAL - Iran is in the process of finalizing an agreement with China, cementing an arrangement to sell crude oil to the world’s second largest economy for the next twenty-five years. The deal drew attention within Iran after the eighteen-page “Iran-China 25-year Comprehensive Partnership Document” was leaked, prompting comments that the Iranian government had sold its country out as a “client state” of China. The price? Up to $400 billion in installments spread over a quarter of a century. The characterization is not unique to Iran’s case. Iraq, which exports one hundred thousand barrels of crude oil to China each…