China, Trump
Digest more
China couldn’t prevent the United States from striking Iran but history gives Beijing reason to believe that when the dust settles, it will be able to capitalize, economically and diplomatically.
China's ASN-301 loitering munition emerges as a smarter, radar-hunting alternative to Iran's Shahed-136 drone in modern warfare.
From buying oil to selling rocket parts, these are some of the ways China is giving Iran critical support.
China’s state-owned refiners have begun exploring purchases of Iranian crude, according to people familiar with the matter, after Washington allowed the sale of some oil already loaded onto tankers in an effort to limit price rises due to the Middle East War.
The Xi Jinping-led China government had also increased fuel prices on March 9. At that time, petrol prices were raised by 695 yuan per ton, while diesel prices were increased by 670 yuan per ton.
Despite threats passed on to China by Israel and the Mossad not to help Iran rearm, foreign reports have credited Beijing with helping Iran quickly rebuild its ballistic missile apparatus. Although
China’s top battery makers have gained more than $70bn in market capitalisation since the US and Israel attacked Iran, highlighting investor expectations of a long-term boost for clean energy. Shares in CATL,
Crisis sparks debate: will it cripple global demand or show that China’s supply-side resilience, proven during pandemic, remains in place?