Economy

China Makes Deal With The Devil, Iran

February 19, 2006 ⋅  E-Mail Article ⋅  Print Article ⋅ Post a comment

China will never let Iran sit out in the cold and now we know why, they want the black gold and they will do anything it takes to assure they get their hands on it. China is trying to quietly rush and complete a $100Billion dollar deal with Iran before popular word gets out. However, word is getting out and the world is not appreciative of the deal. But what can be done to stop them?

We are so head over heals with drool when we size up their population, and potential customer base, that we forget how China is flaunting world policy. We also forget that China has never opened its economy to free trade, it merely dangles the large carrot in front of the horse, but it never lets the horse take a bite. However, these greedy horses line up still thinking one day they will be the magical horse that finally gets the prize.

China has been opposing a hard line stance with Iran and now it appears we know why. As one of the five permanent members of the U.N. Security Council, China has the ability to veto any sanctions proposed against Iran within the international body. They , or at least threaten to do so to restrict the bite and breadth of such an initiative.

China is working overtime on the Iranian deal, don’t worry CEO’s, in China there is no overtime pay, working 80 hours is the same as 40 hours whether you are exempt or not. The complete deal with Iran is said to be worth as much as $100 billion dollars. The deal calls for a Chinese state owned energy firm to take the lead responsibility in developing an enormous oil field in Iran. The deal is basically a smack in the face to other countries around the world who are trying to hold Irans’ feet to the flame in regards to its nuclear position and its government’s recent actions. Officials in Europe, and America, have advised that the deal definitely complicates the Bush administration’s efforts to isolate the Middle Eastern nation in an effort to have them curtail their nuclear development campaign.

China’s insatiable desire for energy is increasingly guiding its foreign policy, China has also muddled in affairs in Africa, they also have a large oil concern in that part of the world as well.China is not concerned with the nuclear issue in regards to Iran, they want to conquer the world through trade and business, the nuclear issue is not of a concern to them right now. Instead the Chinese have focused on the completion of their agreement; this agreement would advance China’s global desire for new sources of energy. They have little regard for the fact that their deal would most likely undermine the U.S. and European plans to restrain Tehran’s nuclear plans.

China is one of the five permanent members of the U.N. Security Council; China has the capability to stop any sanctions through the use of its veto. The ability to veto the sanctions proposal from within the international body, or at least threaten to do so to, limits the power of such a proposal.

One must ask themself, “Is all of the economic empowering of China really in the bset interest of America?” We must make sure we keep our own country economically strong otherwise we will have to live with countries like China dictating world policy, and that my friends could be a very scary thing. Just aske the exiled Tibetans, or the ever fearful Taiwanese.

China In On Iran Deal

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