Chinese owners close hotels and withdraw from operations in Iran

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“I have been in Iran for 12 years, studying there and opening a hotel in Tehran. Things were relatively stable over the years, and the hotel business was doing well, but now it’s become quite dangerous. I recently returned to China, but my partner is still there,” Wang Danhong revealed in an interview with reporters on March 1. When asked about the situation of Chinese friends still in the area, Wang Danhong told reporters that some are waiting and watching, some are considering moving to rural or border areas, and others are thinking about traveling by land to Armenia or Turkey. “My partner is also Chinese, and he is currently on his way to Armenia by land. I hope he is safe,” Wang Danhong said. (First Financial)

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