‘Xi’s world order died with Khamenei’: The good, the bad, and ugly of US-Iran war for China
For years, China tried to have it both ways in the Middle East. It wanted cheap Iranian oil without the burden of getting entangled with the Ayatollah regime. It wanted Gulf investment, Gulf markets, and Gulf goodwill, while also keeping ties to Tehran. It wanted America tied down in endless regional crises, but without the…