Category Archives: Iran

China owns Asia since the US left it – Jim Rogers

China owns Asia, after the US under Donald Trump decided to leave the continent, argues super-investor Jim Rogers, author of Street Smarts: Adventures on the Road and in the Markets, at AMTV. The US moved out, and now you see the Chinese everywhere, in Russia, in Iran, just because they have no competition anymore. “You should invest in markets others hate,” he says.

The Belt and Road initiative: all roads lead to China (updated)

One of the major global initiatives by China was the massive Belt and Road Initiative, reviving the old silk roads. In May 2017 a major international conference showed what our experts were already expecting: now all roads lead to China. Even countries who suffered from difficult relations with China, including both Koreas, appeared in Beijing.Larger than the former Marshall Plan after the Second World War, OBOR is going to redefine global trade.

How did the auditors deal with the ZTE scandal? – Paul Gillis

ZTE got itself into trouble by violating a ban on using American components for products it exported to Iran and North-Korea. The punishment – no US components for ZTE for seven years – might kill the Chinese company, who cannot work without them. What did the auditors do, wonders Beida auditing professor Paul Gillis on his weblog.

One Belt, One Road: too big to succeed? – Sara Hsu

China’s close to one trillion US dollar investment program One Belt, One Road (OBOR) is facing serious pitfalls that could stop it from succeeding, writes financial analyst Sara Hsu in the Huffington Post. Insufficient due diligence is just one of a range of potential barriers, she writes.

Why caviar from China will boom – Shaun Rein

When it comes to caviar, China seems to be able to become a major producer, despite its reputation of food-scandals, says business analyst Shaun Rein in Bloomberg. A boycott of both other producers, Iran and Russia, does help too, he adds.

China, Iran trade: beyond oil and gas – Andy Mok

China and Iran are preparing for mutual trade of about 600 billion US$, tells Beijing entrepreneur Andy Mok to Iranian TV station TV-Press. But the recently reopened trade offers much more than the usual suspects, oil and gas.

US takes on Chinese fraudsters – Paul Gillis

Recent action by US authorities against ZTE and the Bank of China shows that a tough line with Chinese fraudsters works, writes accounting professor Paul Gillis on his weblog. “Chinese regulators are …protecting Chinese fraudsters and thereby creating a safe harbor for those who wish to commit fraud against US investors.”

The fallout of the China-Iran deal – Sara Hsu

The world should carefully watch the new ten-year trade deal of US$600 billion between Iran and China, writes Sara Hsu in the Diplomat. The two new kids at the block is likely to change the international power balance.

Another military export product: the CX-1 missile – Wendell Minnick

China showed off yet another military product at the recent Zhuhai Airshow, the CX-1 missile, writes defense analyst Wendell Minnick in Defense News. The supersonic anti-ship cruise missile is ready for export to America’s friends and foes alike, with potential markets including Iran, Pakistan and African and South American countries.