China is emerging from the U.S.-Israeli war against Iran in a much weaker position. For years, Beijing counted on Tehran to serve as a bulwark against Washington. Today, though, that’s no longer possible as the Iranian government and its proxies across the Middle East have been neutralized, at least for now.
The conflict also exposed a major Chinese vulnerability following threats that Iran might close the Strait of Hormuz in retaliation for the attacks on its nuclear facilities. This would be devastating for the Chinese economy, given that between a third and half of all Chinese oil imports pass through this strategic waterway.
