{"id":876,"date":"2026-07-01T19:41:03","date_gmt":"2026-07-01T19:41:03","guid":{"rendered":"https:\/\/movingandmortgagehub.com\/?p=876"},"modified":"2026-07-01T19:41:03","modified_gmt":"2026-07-01T19:41:03","slug":"trumps-war-in-the-middle-east-has-one-clear-winner-china","status":"publish","type":"post","link":"https:\/\/movingandmortgagehub.com\/?p=876","title":{"rendered":"Trump\u2019s War in the Middle East Has One Clear Winner: China"},"content":{"rendered":"
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This story was originally published b<\/em>y\u00a0the<\/em>\u00a0Guardian\u00a0and\u00a0is reproduced here as part of the\u00a0<\/em>Climate Desk\u00a0collaboration.<\/em><\/p>

Read more As America Turns 250, a Trump Adviser\u2019s Firm Rakes in Federal Cash<\/a><\/p>\n

China has emerged <\/span>as the sole winner in Asia from the strait of Hormuz crisis, according to\u00a0a report\u00a0published on Tuesday.<\/p>\n

The report by the geopolitical consulting firm Asia Group concluded that\u00a0China\u00a0had weathered the storm of the global commodities crisis resulting from the closure of the Middle Eastern waterway, and also stood to gain from the economic and geopolitical trends sparked by the wider conflict.<\/p>\n

Iran virtually\u00a0closed the strait, a vital waterway through which much of the world\u2019s oil and gas flows, after the US and Israel\u00a0launched joint strikes\u00a0on February 28, targeting government and military sites and killing Iran\u2019s supreme leader, Ali Khamenei. The ensuing crisis has\u00a0sent global energy prices soaring, with Asia particularly exposed.<\/p>\n

The report noted that before the strait\u2019s closure, roughly 80 percent of the oil and nearly 90 percent of the liquefied natural gas transiting the waterway was destined for Asian markets, along with a significant share of other critical commodities.<\/p>\n

The report looked at Asia\u2019s largest economies\u2014China, India, Japan, and South Korea\u2014as well as emerging markets across south-east Asia. The researchers mapped the economic and political repercussions of the crisis and its impacts across key sectors including manufacturing, energy, and agriculture.<\/p>\n

They concluded that China was a clear winner from the crisis caused by Donald Trump\u2019s foray into the Middle East.<\/p>\n

The country\u2019s\u00a0large stockpiles of oil\u00a0and the hugely ambitious rollout of renewable energy mean it has been less exposed to the energy shock than other countries.<\/p>\n

China has long maintained strategic reserves of energy, and last year took advantage of cheap prices to build up even bigger stockpiles. Its crude imports grew from 11.1 millin barrels a day to 11.6 million in 2025, with over 80 percent of that increase being sent to stockpiles, according to\u00a0analysis by Erica Downs, a senior research scholar at the Centre on Global Energy Policy. As of January, China had enough stockpiled to cover 104 days of imports at the 2025 level.<\/p>\n

The country has also been building massive amounts of renewable energy infrastructure in recent years. Last year it installed 315GW of new solar capacity, more than half of the world\u2019s new solar. The year before, it added 277GW. Beijing is aiming for half of China\u2019s energy to come from non-fossil sources by 2030, with the share from wind and solar reaching 30 percent, up from 22 percent in 2025.<\/p>

Read more Anna Paulina Luna Held a Hearing on CIA Mind Control. It Went Off the Rails.<\/a><\/p>\n

Although China\u2019s energy mix is still largely based on coal, which accounts for more than 50 percent, renewables\u2019 share is increasing rapidly.<\/p>\n

The Asia Group\u2019s report said: \u201cWith 1.4 terawatts of operating renewable capacity already online and a reported 90-110 days of crude import cover in reserve, China weathered the initial shock better than any regional peer.\u201d<\/p>\n

China has also benefited from other countries reacting to the crisis by\u00a0accelerating its clean energy buildout. Beijing dominates the global supply chain in solar and other clean technology industries and in recent years has been pushing much of this production overseas at low prices, to the chagrin of western leaders worried about their own industries.<\/p>\n

China\u2019s electric vehicle exports soared by more than 110 percent in May compared with the previous year, while solar shipments in April increased by 60 percent.<\/p>\n

Beijing has called for a ceasefire in the Middle East, and when Trump visited in May and met China\u2019s president, Xi Jinping, he claimed the two countries were united in wanting to find a settlement. But the Asia Group report noted: \u201cThe crisis allows Beijing to cast the United States as the destabilizing actor whose Middle East entanglements impose costs on the world.\u201d<\/p>\n

There are some risks to China from the instability. Drew Thompson, a senior fellow at the S Rajaratnam School of International Studies in Singapore, said: \u201cIt\u2019s tempting to see any loss of credibility in the US as a benefit for China, but that\u2019s not necessarily the case for Beijing, which does not want to supplant Washington as a Middle East hegemon or provider of security for the region.\u201d<\/p>\n

Wen-Ti Sung, a non-resident fellow with the Atlantic Council\u2019s Global China Hub, based in Taiwan, said the crisis could also make Beijing think twice about a future military assault on Taiwan because it showed the difficulty of navigating ships through hostile territory.<\/p>\n

The Asia Group\u2019s report concluded: \u201cUltimately Beijing views the pain points not as existential threats, but as challenges to be managed and even opportunities to be exploited.\u201d<\/p>

Read more Tom Kean Jr. Sought Help for Depression. He Hasn\u2019t Made It Easy for Others To Do the Same.<\/a><\/p>\n<\/article>","protected":false},"excerpt":{"rendered":"

Beijing was set for an energy shock. 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