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

China takes over from West as Iran's main economic partner
Tehran (AFP) March 15, 2010
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. The figures confirm the exponential growth in commercial ties between ... more

http://www.spacedaily.com/reports/China_takes_over_from_West_as_Irans_main_economic_partner_999.html