Sputnik — US Sanctions Continue to Backfire: China Opens $10 Billion Credit Line for Iran

Summary:
Assisting Tehran with sidestepping an ongoing Washington sanctions regime against the country, China has opened a billion line of credit intended to finance energy, transportation, water and other key Iranian infrastructure projects.… The significant credit line will primarily use euros and yuan to bypass the US sanctions.... Sputnik InternationalUS Sanctions Continue to Backfire: China Opens Billion Credit Line for Iran

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Mike Norman considers the following as important: China, Iran, US sanctions

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