Iran and China Angle for Broad Partnership to Offset U.S. Pressure

Iran and China are searching for to cement a large-ranging partnership that would deflect U.S. financial pressure and simplicity Tehran’s international isolation.

An first draft of the Iran-China deal, which however calls for Iranian parliamentary acceptance, would pave the way for Chinese investments in Iranian free-trade zones and for joint projects in other international locations, these kinds of as Syria and Iraq. It would extend cooperation among the two international locations in defense and counter terrorism. And it says that underneath a 25-year partnership, China would import “sustainable”…

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U.S. Weighs Limited Options to Punish China Over Hong Kong

WASHINGTON—As U.S. officials weigh sanctioning China around its current moves in Hong Kong, the city’s standing as a global fiscal center limitations the menu of efficient levers available to Washington. Important steps from Hong Kong’s fiscal system chance hitting U.S., Western and Hong Kong firms and shoppers, officials and analysts […]