China is closely watching the conflict between Iran and Israel while demonstrating a cautious position and supporting its longtime partner Iran.
China's Position on the Conflict
China has not condemned the US strikes on Iranian nuclear facilities, but it has expressed support for Tehran. In response to Israel's actions, Foreign Minister Wang Yi stated that these strikes are 'unacceptable,' but he did not go as far as condemning them outright.
Economic Aspects
China imports about half of its oil through the Strait of Hormuz. China's strategic interests could be affected if oil supplies are disrupted. However, Beijing is already using alternative methods to avoid sanctions, paying for shadow oil. According to experts, a spike in oil prices could actually benefit China if it destabilizes the US and Europe.
Prospects and Consequences
China seeks to avoid direct intervention in the conflict, maintaining neutrality and not condemning either side. Although Iran's move to close the Strait of Hormuz could have economic consequences, China may try to lessen tensions behind the scenes.
Amid rising tensions in the region, China exercises strategic caution by supporting Iran while refraining from direct intervention. This enables Beijing to pursue its economic interests without harming international relations.
