Friday, September 20, 2019

China Invests in Iran

By Micah Halpern
I’ve Been Thinking:

Things got much more complicated between the US, Iran and Saudi Arabia.


China just entered the scene in a gargantuan way. They recently signed a $400 billion deal with Iran. It is an investment in the form of a capital investment into the Iranian economy.

China is doing exactly the opposite of what the US is asking countries to do. China is providing the badly needed US dollars Iran needs in order to provide for basic necessities for the economy.

Now the US must confront China but will they.

If they do not it will signal to everyone else including Iran that the US has no bite behind their roar.

Micah@MicahHalpern.com 

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