Have your ears drums been shattered by this news of a whopping 400 Billion Dollar investment by China in Iran? I hope they aren't because mine have already blown out. Even the doctors are having a hectic schedule now-a-days, I'm already struggling to get their appointments. While I book an appointment for myself, why don't you have a deeper insight into the matter?
It's been universally said & accepted," Your enemy's enemy is your potential friend.'' Our dear neighbor has taken it too seriously. China's growing hostility with the United States has brought it much closer to the oil-rich Iran. China has promised to invest $400 Billion in Iran's economy in the span of next 25 year. Well this amount is so emphatic that you and me can't even imagine this. To get to know a bit of the weight of this amount, consider the case of Pakistan. While Pakistan is drowning in Chinese debts all from head to toe, it owes China roughly $50 billion when only $50billion is enough to curb a nation. Just assume what havocs can $400 billions do? But what's attracting China so much into this deal? Well there is more than one answer to this. Let's look at a few of these one-by one.
Iran has been a war-struck Nation, that faces a hell lot of issues on the global fronts such as-

• Iran has been blacklisted by the UN's FATF body.
• Iran doesn't enjoy any diplomatic relations with many world-leading economies.
• US sanctions on nations having bilateral trade relations with Iran.

China's Debt Trap Policy

Ever since the Chinese Belt and Road Initiative came into existence, China has been deliberately following Modern day Colonialism and Iran's slowly falling into it.
Under its hook, China tends to loan excessive amounts of credit to lure various underdeveloped nations in Sub-Saharan Africa and Southern Asia.
While these nations can't afford such expenditures, the huge amounts tend to corrupt their calculation. Then comes the game of Chinese debt traps into action. While most of the terms regarding the loan are not put into public domain, neither by China nor its prey and at the same time China also makes sure that only the Chinese companies are the ones benefiting from these projects. Or the other way around, there isn't any meaning of development for the host Country but to squash them under piles of debt that in many cases, the loan is even larger than 50% of the national GDP.

Debts of some Saharan Countries.

Hambantota Port under Chinese control for the next century.

China’s Interest in Iran

It seems that this time China's eyeing much more than just Iran's territory. Iran has been blessed with huge energy reserves but the war-torn country doesn't have enough money to make these resources viable. It looks like this is what China is targeting at courtesy its multi-billion dollars investment. It's quite evident from the statement, of the promised $400 billion, $280 billion alone is being spent on developing the oil and gas resources, which in turn will give China access to cheap oil and gas.
But China doesn't plan to stop even there, it's ultimate goal is the expansion of its esteemed Belt and Road initiative through Iran and Kazakh, in order to reduce its dependence on the strategically located, the Strait of Hormuz and the Strait of Malacca.

Strategic location of Stait of Malacca

US's Stand on Iran.

To most of the people out there, it seems quite straight forward how the US has left no option for Iran. Have a look through the Indian perspective, not long ago, until the last year India was the largest consumer of Iranian oil. But as of now Indian import of Iranian oil stands to near zero. All thanks to the US sanctions on the bilateral trade with Iran. These sanctions were followed by Trump's withdrawal from the Iran Nuclear Deal. And while all this was going on, the US assassinated Iran's top military leader- Qasem Soleimani during a diplomatic mission to Iraq by a precise drone strike.
Believe me or not, but the US government under Donald Trump has only widened the gap between the Middle-East and the West, which laid down a smooth ride for the Expansionist Communist Nation to jump in the gorge .

Impact on INDIA

With China shaking hands with Iran, India's diplomatic relation with Tehran has suffered a huge blow. As you all may know, India controls the Chabahar port in Iran and is also developing the Chabahar Railway Project to open the Central Asian Market to the Indian goods. But the recent developments suggest that Tehran has replied to New Delhi that they're developing the project on their own. But it's quite evident that it's the Chinese regime that's supporting Iran to back out.
The major issue is that the Chabahar project means a lot to us, we have already invested enough in it that we can't afford to lose it at this stage, but the Chinese entry into the region has only made the situation getting worse. At the same time, Iran's envoys to India, Mr. Ali Chegeni's statement has created a turmoil in the political circles. Here's the envoy's statement as he quoted, “India had fought hard for its independence and should not have given it to unilateral sanctions from the US. ''
While he was referring to India's shift of oil policy from Iran but this statement itself conveyed a critical message .
Had he said anything irrelevant? Probably not. Infact, I strongly agree with the bureaucrat's statement.
Had Vajpayee Ji been alive today, he too would have stated the same.

Conclusion

While the Chinese investment has brought a geo-political imbalance in the region & Iran stands on verge of falling into the Chinese trap abyss, it's just the matter of time before China starts barging into the Iranian territory or India takes a firm stand against the sanctions to be an accomplice for Iran against the filthy Dragon.