Democrats

China and Iran, What Gives?

November 29, 2006 ⋅  E-Mail Article ⋅  Print Article ⋅ Post a comment

I was asked to discuss this topic once again and I agreed to cover it. Indivuals canot understand why China gives Iran so much leeway in regards to their actions in regards to their nuclear program as well as their racist remarks regarding the holocaust. China has much more vested in Iran than you think and it is vital that we understand Chinas’ motives in regards to Iran and what exactly is behind the actions China is taking. I wrote on this previously and i have been asked to give the full details of the story. I have now produced the entire dissertation I created in regards to the situation and I have posted the full length discussion. I hope you read it thoroughly and gain an understanding of the country we do so much importing from. We need to be much more careful than we are in regards to who we do business with.

China’s insatiable desire for energy is increasingly guiding its foreign policy, China has been involved in the Iranian issue as well as also muddling in affairs in Africa where they also have a large oil concern. 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.

As one of the five permanent members of the U.N. Security Council, China has the ability to veto a sanctions proposal within the international body, or at least threaten to do so to restrict the bite and breadth of such an initiative.

Acording to the Washington Post it was stated, “The timing is really interesting,” said Shen Dingli, an international relations expert at Fudan University in Shanghai. “China and Iran appear to be collaborating not only for energy development but also to increase the stakes in case sanctions are imposed. This is a subtle message that even if sanctions are passed, you could have limited sanctions without touching upon oil. China is saying, ‘This is my cheese. Don’t touch.’ ”

China’s voracious appetite for energy is increasingly guiding its foreign policy. China has used the threat of a Security Council veto to limit sanctions against Sudan, the African nation in which Chin’s largest energy firm, China National Petroleum Corp., is the largest investor in a government-led oil consortium. China is the largest buyer of Sudan’s oil, as well as the largest supplier of arms to its ruling regime. The Sudanese government has been accused of massacring villagers to clear land for further energy development and of committing genocide in its efforts to crush separatist rebels in the western region of Darfur.

China’s pursuit of a completed energy deal with Iran comes as Tehran has announced the resumption of its uranium enrichment program. Tehran says this work is merely aimed at generating energy, while the Bush administration asserts it is a precursor to the development of nuclear weapons and has been lobbying its allies to take a hard line while threatening sanctions.

China has joined the international chorus in urging Tehran to halt its nuclear plans. But China’s aggressive pursuit of an oil deal with Iran underscores how energy security has become a paramount concern for Beijing at a time of relentless industrial growth. Government forecasts show China’s demands for imported crude oil swelling from about one-third of its total needs to about 60 percent by 2020.

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.

Analysts assume that the Iranian field could produce as much as 300,000 barrels of oil per day, making it one of the larger overseas operations for a Chinese company. Sinopec would hold a 51 percent stake in the Yadavaran project, according to the Caijing report, while India’s Oil and Natural Gas Corp. would hold 29 percent. The rest of the venture would be divided among Iranian companies and perhaps other outside investors.

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