Economy, Domestic Economy
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Chinese Financing

Chinese FinancingChinese Financing

China will provide Iran with an additional $20 billion of financing over the next five years as part of the agreements made between the two countries, says the head of Iran-China Chamber of Commerce, Asadollah Askaroladi. China has already promised to provide $20 billion for funding Iranian projects in exchange for Iran’s assets frozen by sanctions in Chinese banks.

Financialtribune.com