https://asiatimes.com/author/spengler-david-p-goldman/
American influence is fragile in several key Eurasian nodal points and China has the capacity to hurt the United States in retaliation for American efforts to build an alliance to contain it.
China’s rhetoric has been harsh in recent weeks and it appears ready to back up the rhetoric with tough actions.
On Saturday (March 28), China and Iran formally signed a “Comprehensive Strategic Partnership” agreement that promises to chart the two sides’ economic, political and trade relations over the next 25 years, Iranian state media reported.
“The document can elevate bilateral ties to a new strategic level,” Foreign Ministry Spokesman Saeed Khatibzadeh said in a televised interview. The agreement, which had been in the works since 2016 and comes while both sides face US sanctions, will boost private sector ties including through China’s Belt and Road Initiative, he said.
When the proposed deal first was floated in August 2020, I wrote, “The prospect of a deal with Iran is a move on a global game board in response to American efforts to hinder China’s breakout as a technological superpower.”
A significant Sino-Iranian investment deal had long been rumored, and it is probably not a coincidence that Chinese Foreign Minister Wang Yi arrived in Tehran to sign it a week after the acrimonious exchange at the Anchorage ministerial meeting between the US and China.
China has sent a clear signal to the Biden administration that its plans for reviving the Iran nuclear deal as well as its ability to put economic pressure on Iran depend on China’s cooperation.