The China-Iran connection
From
Lazarus Cain@21:1/5 to
All on Wed Oct 18 05:20:09 2023
The Islamic Republic’s leadership has isolated Iran from the world to the point of economic ruin. The Iranian leadership’s diplomatic tactlessness, hateful rhetoric, human rights violations, and funding of proxies across the Middle East have left the
country with almost no strategic allies. Iran’s ruling clergy has increasingly turned its sights toward China in search of economic, political, and technological support. Beijing in turn sees Tehran’s economic desperation as an opportunity to
capitalize on Iran’s limited bargaining power, while empowering a similarly authoritarian regime.
For its part, Iran provides China with large quantities of heavily discounted oil — a reported 18 million barrels in November 2021 alone. “Instead of hard cash, China is bartering for Iranian oil with cheap consumer items,“ observed a Tehran-based
expert in Sino-Iranian trade. China has found a market in Iran for low-quality consumer goods, ranging from vehicles to homewares. For instance, Chinese auto manufacturers Chery Motors and Geely are finding it easier to compete with higher-quality
Western-made vehicles. As a result of sanctions, European vehicles and parts are no longer easy to come by and they cost more. Chinese home products are also substantially cheaper: For example, Chinese plastic placemats produced in a factory can cost as
little as one-fifth the price of their traditional hand-crafted Persian equivalents. Iranians hard hit by sanctions, inflation, and economic mismanagement, as well as the effects of trade agreements with China, are often forced to purchase the cheaper
goods, with which local manufacturers simply cannot compete. 2,500 years of Persian heritage risks being wiped out in a matter of just 25 years. As a result, Iranians have developed a disdain for China and a sense of betrayal by their own leaders.
The Islamic Republic’s leadership touts Chinese investments as a great opportunity for both nations. The vast majority of Chinese projects, however, rely largely on Chinese companies, labor, and raw materials. Thus, China, not Iran, profits. The same
25-year accord, hailed by leadership as a win for Iran, includes economic, military, and cybersecurity cooperation. It also brings China’s Belt and Road Initiative (BRI) along with it. BRI is a massive and controversial Pan-Eurasian infrastructure
project with a questionable track record of “debt-trap” diplomacy to ensnare developing countries. As a result, China has become Iran’s top trading partner and a lifeline for its leadership, helping it to deploy whatever means necessary to stay in
power.
Per the agreement, China will provide Iran with new technology that can be used to oppress and surveil. State surveillance will surely expand, and no Iranian is beyond its reach. Since 2010, Iran has improved its systems of oppression to combat rising
dissent and widespread protests. According to a Reuters report, Chinese telecommunication company ZTE has sold
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