World-News

China's Foreign Ministry spokesman, Liu Jianchao, says China has every right to do business with Iran, and the U.S. has no right to comment on the two countries' dealings.

http://www.garoweonline.com/stories/publish/article_7043.shtml



China firm close to signing $3.6b deal for Iranian gas field investment

A second Chinese oil company is close to signing a memorandum of understanding to invest $3.6 billion in an Iranian gas field amid U.S. pressure for Beijing to scrap another similar deal, a news report said Friday.

http://www.tehrantimes.com/Description.asp?Da=1/13/2007&Cat=4&Num=024


From Information Clearing House

China condemned US sanctions imposed last week on three Chinese companies for allegedly selling banned weapons to Iran and Syria, calling the accusations "totally groundless."

http://tinyurl.com/umxdj


From Information Clearing House

The United States has urged China to reconsider a reported multibillion dollar (euro) natural gas deal with Iran amid international efforts to sanction Tehran for its nuclear programs, a U.S. Embassy spokeswoman said Tuesday.

http://www.iht.com/articles/ap/2007/01/09/asia/AS-GEN-China-Iran-Nuclear.php


From Information Clearing House

The Bush administration and Congress are warning that a proposed $16 billion deal between a Chinese company and Iran could trigger economic penalties under an American law aimed at starving Iran of funding for "terrorism and nuclear weapons".

http://www.nysun.com/article/45816


From Information Clearing House

http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2006/07/10/wpacific10.xml&sSheet=/news/2006/07/10/ixnews.html


Informant: Kev Hall

Le Monde posits that the China-US "relationship inaugurates a new paradigm in international relations: a strategic split amidst shared globalization. Centrifugal geopolitics and a centripetal economy pull in opposite directions and finish by canceling one another out."

http://www.truthout.org/docs_2006/061606H.shtml

The American Spectator
by Doug Bandow

06/07/06

The Pentagon has just issued its latest assessment of China's military strength, warning of Beijing's growing power. But China's primary challenge to the U.S. in East Asia today is economic. Thus, the best way to respond is through economic means. South Korea wants a free trade agreement with Washington, over which negotiations began this week. Unfortunately, this year is not a politically propitious time for further opening international markets -- the Doha round of the World Trade Organization talks has been a bust and nearly a dozen proposed bilateral accords are fighting for attention. But if the U.S. fails to move forward on Korea Washington will find itself left further behind the People's Republic of China...

http://www.spectator.org/dsp_article.asp?art_id=9921


Informant: Thomas L. Knapp

Hypocrisy, History and Twelve Kinds of Hell

Sometimes a particularly choice piece of hypocrisy comes along, a wrenching juxtaposition between reality and sham righteousness so sublime in the totality of its horse-hockeyness that it cries out for special recognition.

http://tinyurl.com/r7pha


From Information Clearing House