This summer, Iran might finally have provided China a viable solution to its “Malacca Dilemma.” In the process, Beijing finds new geopolitical leverage with Washington, writes Daniel Markey.
Tipping the geopolitical balance - The China-Iran deal
The future of geopolitics
19th August 2020
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shahid raja 20 August 2020
Bilateral relations between Iran and China are by and large are business-oriented, and non-ideological based on a pragmatic assessment of their respective national interests. Iran under heavy sanctions of the USA and its allies has no option but to rely on China, rapidly rising as a global power that can challenge US economic dominance. On the other hand, China is fully conscious of the geostrategic importance of Iran, a major regional power located at the crossroads of the Middle East and Central Asia. This is an area that is important to its Belt and Road Initiative (BRI). And, besides a great deal of untapped potential for foreign investment, Iran has oil and gas resources which could be easily transported over land to China. The proposed US$ 400 billion 25 years economic and security deal between the two countries is crystallization of these hard realities
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