China to supply Iran with anti-aircraft missiles worth $60-70 million, Reuters reports

China will supply Iran with anti-aircraft missile systems in the coming weeks, according to Reuters sources. The deal includes 300 to 400 man-portable air-defense systems (MANPADS) of the QW-12 and FN-16 models, valued at $60 to $70 million. China has dismissed the report as baseless, while Pakistan denies any involvement in the transaction.