This week, Iranian president Ebrahim Raisi flew to China for a three-day state visit at the invitation of Xi Jinping, marking the first full state visit by an Iranian president in two decades.
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All tagged Beijing
This week, Iranian president Ebrahim Raisi flew to China for a three-day state visit at the invitation of Xi Jinping, marking the first full state visit by an Iranian president in two decades.
Xi Jinping’s recent trip to Riyadh, his first foreign visit to the Middle East since the pandemic, suggests that China may no longer seek to treat Iran and its Arab neighbours as equals.
Tehran’s new strategic partnership with Beijing will give the Chinese a strategic foothold and strengthen Iran’s economy and regional clout.
The contents of an email shared with Bourse & Bazaar by an official at Iran’s communications ministry suggest that China’s Bank of Kunlun is weighing whether to cease processing Iran-related payments. There is growing concern in Tehran that China may be planning to downgrade its trade relationship with Iran.