China’s Oil Quest Comes to Iraq - While China's oil dealings with countries like Iran and Sudan receive global attention, its budding relationship with Iraq may turn out to be the most important
 A lot of attention has been paid in  recent years to energy-hungry China’s billion-dollar bids on oil fields  in Canada and the Asian giant’s reliance on oil from countries like  Iran and Sudan to fuel its growing economy. But its growing interest in  another major oil producer has gone largely unnoticed, and if current  trends continue, that Middle Eastern country could become the world’s  next “oil superpower,” with China, not the West, acting as both Iraq’s  main partner and top beneficiary of its rich resources in what some now  call the B&B trade axis (Beijing and Baghdad).  In the past decade or so, China waited patiently on the sidelines  while the U.S. and its allies coped with Iraq’s new, and often times  messy internal dynamics that followed the 2003 overthrow of Saddam  Hussein by a U.S.-led coalition. China reemerged in 2008 ,  however, to sign post-Saddam Iraq’s first major oil deal with a foreign  country. While the majority of Iraqi oil deals in the post-Saddam era ...