Is Iran China’s newest colony?

(Photo by STR/AFP via Getty Images)

The deal is a clear win for China; the $400 billion will be invested over 25 years, which is a small amount of money for the second-largest economy in the world. China will also have full authority over Iran’s islands, gain access to Iran’s oil at a highly discounted rate and increase its influence and presence in almost every sector of Iranian industry, including telecommunications, energy, ports, railways, and banking.

China, incidentally, is the world’s largest importer of oil.

Full story: https://www.gatestoneinstitute.org/16309/iran-china-colony#.Xy5we0JZvA8.twitter

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