China takes over from West as Iran’s main economic partner

Reposted from: http://wire.antiwar.com/2010/03/15/china-takes-over-from-west-as-irans-main-economic-partner/

March 16, 2010 @ 8:38 pm

China has emerged as Iran's top economic partner, investing heavily in the energy sector and filling the gaps left by Western firms forced out by international sanctions.

In 2009, China became Iran's premier trade partner, with bilateral trade worth 21.2 billion dollars against 14.4 billion dollars three years earlier.

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