This report seeks to examine whether China is poised to take on more responsibility for the proliferation risks in the Middle East as it advances its own diplomatic and commercial interests.
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All tagged China
This report seeks to examine whether China is poised to take on more responsibility for the proliferation risks in the Middle East as it advances its own diplomatic and commercial interests.
This first-of-its-kind special report explores the dynamics behind Iran’s ties to Central Asia’s political heavyweights—Kazakhstan and Uzbekistan—and how their behaviour may shape the future of Tehran’s regional policy.
As Europe and Asia grow closer and the rapid growth in economic exchanges over the last two decades necessitates the creation of a new, tentative political order, it is no longer sufficient to see Iran as a state in the Middle East.
Since the Trump administration reimposed secondary sanctions on Iran in November 2018 as part of its “economic war,” the Iranian economy has faced higher inflation, disruption in trade, and a manufacturing slowdown. But over the least year, there are signs of resilience and readjustment that suggest that Iran’s economy is unlikely to be brought “to its knees,” despite the fact that the economy continues to face significant hurdles.
A review of trade data from the General Customs Administration of the People’s Republic of China shows that China-Iran trade has fallen dramatically in the two months following the reimposition of US secondary sanctions. Chinese exports to Iran have collapsed from about USD 1.2 billion in October 2018 to just USD 391 million in December 2018—a fall of nearly 70 percent.
