False Statement Attributed to Former US Official on China-Iraq Economic Agreement

An alleged statement attributed to former White House chief economic adviser Larry Kudlow has recently circulated on Facebook and Twitter.In the purported claim, Mr. Larry is reported to have said that if Iraq and China go ahead with the strategic agreement concluded between them, the value of the U.S. dollar would collapse in Iraq against the Iraqi dinar. He also allegedly said that Iraq would become the link between China and Europe. In addition, the claim alleges that the ports of the Gulf states, the Suez Canal, and the ports of African countries bordering the Red Sea would suffer heavy losses. As a result, these countries' interests are aligned in confronting China's influence in Iraq.