Big Take Where the China-Iran Relationship Goes From Here
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Jun 25, 2025 Join John Liu, the Beijing-based overseer of Bloomberg's China coverage, as he delves into the intricate relationship between China and Iran. He reveals how China is navigating its position as Iran's largest trading partner amidst U.S. foreign policy challenges and Middle Eastern conflicts. Liu discusses China’s strategic interests in Iranian oil and its potential role as a stabilizing force in the region. With global power dynamics shifting, he reflects on how this alliance could reshape international relations and the geopolitical landscape.
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China's Economic Priority
- China prioritizes economic stability above all in the Middle East conflict context.
- It depends on the region for energy and hopes for a return to business as usual.
China-Iran Economic Alignment
- China and Iran aligned in pursuing development outside Western influence.
- China is more vital to Iran due to oil dependency than vice versa.
Oil Trade and Geopolitical Tension
- U.S. sanctions aim to cut Iran's income by restricting oil buyers.
- Continued Chinese purchase undermines sanctions and Iranian leverage.