The Iran war is a gift to China
As the war with Iran blows up and cools down from week to week, one trend is clear: The biggest beneficiary of this conflict is China.
Beijing did not have to fire a shot, spend vast sums or use up political capital. But it has gained more from this crisis than any in three decades. The war accelerated three of China’s long-held goals: a Middle East less dependent on America; a world more dependent on critical Chinese technology; and a reputation for Beijing as a serious and steady world power.
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