Ryan Hass
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Related Articles from SNS
Why Iran remains too important for China to lose
China and Iran have maintained diplomatic ties for decades. Yet Beijing's response to the ongoing conflict in the Middle East has been notably measured: diplomatic support for Tehran, criticism of US and Israeli military actions, and repeated calls for de-escalation — but no indication of a willingness to intervene more forcefully. This cautious approach raises an important question: if Iran is such an important partner, why has China not done more to support it during the conflict?
China’s Economy Is Taking Everyone Down
Some economists assumed that the buying power of China’s expanding middle class would ultimately fuel global growth. China has instead become a destabilizing force in the global economy. Chinese President Xi Jinping is running the country as a government-subsidized, export-driven manufacturing juggernaut.
Why China is buying less Iranian oil - explained in charts
The Strait of Hormuz, just 29 nautical miles (54 km) wide at narrowest point may be one of the world's most critical oil chokepoints. But as disruptions rattles the waterway, an unexpected trend is emerging, as China which is Iran's biggest oil customer is buying significantly less crude. While Beijing continues to rely on Tehran for discounted oil, weaker domestic demand, refinery cutbacks, record stockpiles and the rapid rise of electric vehicles have reduced its need for fresh imports.