https://www.wsj.com/articles/the-china-iran-axis-11617059716?mod=opinion_lead_pos1
Anyone who thought the world would warm to U.S. interests once Donald Trump left the scene has received a rude awakening in the last two months. The latest sign is the weekend’s pact between China and Iran, an example of U.S. adversaries uniting to advance their strategic ambitions.
The two sides signed what they described as a 25-year “strategic partnership” that amounts to a significant deepening of ties. China will invest several hundred million dollars in a variety of Iranian projects, including nuclear power, ports, and oil and gas development. In return China will get a steady supply of Iranian oil. The two will also deepen their defense cooperation as China will transfer some military technology.
Apologists for the 2015 Iran nuclear deal are saying this doesn’t add up to more than the status quo, and thus shouldn’t interfere with renewed U.S. courtship of Iran. Don’t believe them. This is a big deal that advances the strategic interests of both sides—at the expense of the U.S. and stability in the Middle East.
The deal helps Iran dodge American sanctions, and the cash infusion will ease economic pressure on the ruling mullahs. Iran will have a long-time buyer for its oil exports that were reduced by U.S. sanctions. The foreign-exchange income, if that’s how the payments are made, will finance the Islamic Revolutionary Guard Corps and proxy forces in Yemen, Syria and Iraq.