China invests $570 million in Iran over two years, IRNA reports

Bloomberg: China invested a total of $570 million in Iran over the past two years ended December 2010, the official Islamic Republic News Agency reported, citing figures from China’s Council for the Promotion of International Trade.

Bloomberg

By Ladane Nasseri

China invested a total of $570 million in Iran over the past two years ended December 2010, the official Islamic Republic News Agency reported, citing figures from China’s Council for the Promotion of International Trade.

Iran has invested some $38 million in China over the same time period, IRNA said. No details were given in the report on which industries were involved.