After 2003, bilateral relations between Iraq and China headed towards a new path, as China was opposed to the idea of an American invasion of Iraq. It also canceled 80 percent of its debts owed to Iraq, and the relationship began to develop little by little, until China revived the New Silk Road initiative, which it sees as this road. It serves many countries in the Middle East, most notably Iraq, because it is considered a starting point between the East and the West. It also possesses many natural resources, the most important of which are energy sources, which provides the opportunity for Iraq to strengthen its foreign policy towards China and benefit from its economic position in the world similar to the United States of America. To become a strategic country that connects the Eastern and Western worlds with each other in the commercial, economic, political and cultural fields. This initiative does not harm Iraq's relationship with the United States of America, but quite the opposite, as Iraq seeks a neutral relationship with the economic powers on the basis of joint cooperation in order to advance the country's reality.