Page added on July 22, 2005
Countries shunned by the US are increasingly being wooed by China and India in a race for oil and influence that is challenging Washington on the energy and security fronts.
Iran, Sudan, Venezuela, Syria, deemed to be nuclear threats, insurgent havens or human rights violators by the US, are on the Asian giants’ list.
Beijing is also casting a wider oil net because the US presence in Iraq – thought to have the world’s second-largest oil reserves – has derailed Chinese attempts to establish a toehold there.
Chinese and Indian investments in countries and regions of US concern include:
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