China and the Iran-Saudi Rivalry: Towards a Greater Role?

Kishorchand Nongmaithem, Research Assistant, ICS

In January last year, when the Chinese President Xi Jinping visited Iran, the two countries agreed to expand their commercial ties to US$600 billion in the next ten years.[1] On that visit, Iran’s Supreme Leader Ayatollah Ali Khamenei told Xi that, “Iran never trusted the West” that’s why Iran “seeks cooperation with more independent countries” (like China).[2] China also welcomed Iran to work together under its ‘Belt and Road’ connectivity framework.[3]

A year later in March 2017, King Salman bin Abdulaziz of Saudi Arabia visited China, and during his three-day stay, the two countries signed deals worth US$56 billion that included 14 cooperative agreements and 21 other deals on oil production, investment, energy, space and other areas.[4] Continue reading “China and the Iran-Saudi Rivalry: Towards a Greater Role?”