China is a clear winner from Trump’s war in Middle East, report concludes
A report by the Asia Group suggests that China has emerged as the primary economic beneficiary of the recent Middle East conflict involving the US and Iran. China's strategic energy stockpiles and investment in renewables have shielded it from the global energy price shocks caused by the closure of the Strait of Hormuz.
Why it matters
This highlights the shifting geopolitical and economic power dynamics as China leverages its energy independence to gain an advantage over other major Asian economies.
Wind turbines and rows of solar panels in Qingyang, Gansu province. Photograph: Chen Kun/VCG via Getty Images Wind turbines and rows of solar panels in Qingyang, Gansu province. Photograph: Chen Kun/VCG via Getty Images China China is a clear winner from Trump’s war in Middle East, report concludes Beijing, whose stockpiles and renewables industry allowed it to withstand energy shock, is now gaining from global solar and EV push
The framing focuses on the negative consequences of US foreign policy under the Trump administration and highlights China's strategic success.
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