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Why has Iran become the largest trade partner with China

1. China buys liquid natural gas from China

2. China exports finished goods to Iran. 23% of Iran’s exports went to China.

3. Iran exports non-oil goods to China. In 2013 and 29% by 2015, of Trade between Iran and China reached $53 billion. (http://freebeacon.com/national-security/china-becomes-irans-largest-trade-partner/)

4. China imports oil from Iran. By 2015, China provided 11% of China oil, needs.

5. China and Iran established diplomatic relationships in 1971

6. China sells refined gas to China

7. China and Iran struck a $600 billion trade deal over the next ten years.

8. Russia needs Iran in terms of its new security architecture vision for the middle east

9. The goods-for-oil trade agreement allows Iran to receive goods and services as payment for 65 percent of the oil it sells to China, while the remaining 35 percent of it is in cash. (http://www.china-briefing.com/news/2015/09/30/plans-from-china-and-iran-to-strengthen-bilateral-relations.html)

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