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This Al-Jazeera video examines the strong trade relationship that exist between China and Iran. As the report shows, oil exports, which account for nearly half of Iran’s revenues , are being cut off from the West, they are being increasingly exported to Asian countries – and a big percentage of that to China. In return China is investing billions in Iran’s gas and oil fields.
The strong trade relations are the most likely reason why Wen Jiabao, the Chinese premier, has made it clear he does not agree with Western demands for sanctions over Tehran’s disputed nuclear program, and has insisted he will maintain “close co-operation” with Iran.
