China warned 25-year deal with Iran is ‘hugely risky’ despite hope it will boost influence in Middle East

Mar 31, 2021 | INVESTING

China is taking a “huge risk” by signing a 25-year cooperation deal with Iran, a government adviser and diplomatic observers have warned.Both sides hailed the deal, signed last week by Foreign Minister Wang Yi and his Iranian counterpart Mohammad Javad Zarif, as a key step in elevating their relationship, and Beijing hopes it will boost its influence in the Middle East.The two sides have not made details of the plan public, while state media has reported only that it involves cooperation in…

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