ENERGY: China exchanges nuclear technology for Iranian oil*

Two disturbing aspects of the growing China-Iran alliance are Iran’s access to the People’s Liberation Army’s improving ballistic missile technology, and China’s support for Iran’s nuclear energy programs, writes Dr Sharif Shuja.China remains the sole long-term challenger to US hegemony. As its economy rapidly expands, so does its thirst for oil, gas, coal and electricity. Today, China accounts for 12 per cent of the world’s energy consumption – second only to the US at 24 per cent, and up from …

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