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Why We Should All Just Take a Breath and Ignore the Hype Surrounding the Proposed China-Iran Deal

Iranian President Hassan Rouhani (R) and China's President Xi Jinping attend a welcoming ceremony at the Xijiao State Guesthouse in Shanghai on May 22, 2014. AFP PHOTO / POOL / Kenzaburo Fukuhara Kenzaburo Fukuhara / POOL / AFP

News that China and Iran were in late-stage talks to finalize a 25-year, $400 billion deal generated an alarming response in the U.S. and Europe, prompting widespread concern that a new, enhanced partnership between these two countries would mark a dramatic challenge to United States hegemony and the larger international order.

But now that a purported copy of the 18-page “Iran-China 25-year Comprehensive Partnership” was leaked online (given how rarely Chinese documents like this leak, a bit of skepticism may be in order) and China-Mideast analysts have had a chance to review it, many now say the proposed deal may not be as exceptional as it’s been characterized in the U.S and Europe.

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