China’s investments in Iran surge as those coming from western nations flounder

ROME/ANKARA – China is financing billions of dollars’ worth of Chinese-led projects in Iran, making deep inroads into the economy while European competitors struggle to find banks willing to fund their ambitions, Iranian government and industry officials said.Freed from crippling nuclear sanctions two years ago, Iran is drawing unprecedented Chinese funding for everything from railways … Continue reading China’s investments in Iran surge as those coming from western nations flounder