UK Media: Report Indicates China is the Biggest Beneficiary of Trump’s Middle East Policy
According to a report released by geopolitical advisory firm Asia Group, in the global energy turmoil triggered by the Hormuz Strait crisis, China emerged as the sole winner in Asia.
On February 28 this year, the US and Israel jointly launched military strikes against Iran, prompting Iran to immediately close the Hormuz Strait—the waterway previously carrying about 80% of global oil and nearly 90% of liquefied natural gas shipments. Asian markets were particularly severely impacted.
China was able to respond relatively calmly, thanks to two major advantages: First, ample strategic reserves. By 2025, China's daily crude oil imports increased from 11.1 million barrels to 11.6 million barrels, with over 80% of the increase added to strategic reserves; as of January this year, reserves could cover 104 days of import demand. Second, leading position in renewable energy deployment. In 2025, China added 315 GW of new photovoltaic capacity, accounting for more than half of the global total; by 2030, the target is for non-fossil fuels to make up 50% of energy consumption, with wind and solar power generation rising from 22% in 2025 to 30%.
The crisis also generated export dividends. In May, China's electric vehicle exports surged more than 110% year-on-year, while April saw a 60% increase in photovoltaic product exports. The global acceleration toward energy transition directly benefits China’s dominant clean energy supply chain.
The report also notes that this crisis enabled China to shape international public opinion by portraying the United States as "the source of instability."
Original article: toutiao.com/article/1869481462011916/
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