China positions itself as a key beneficiary in Middle East crisis
China emerged as a key beneficiary from the Middle East crisis following U.S. and Israeli strikes on Iran, according to a report released Tuesday. The Asia Group indicated China's large energy stockpiles and renewable infrastructure helped it withstand rising global energy prices. With crude imports expected to rise, China is strategically positioned in the renewable energy sector.
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Summary by OZbrief Editorial · The Guardian Australia · Source
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Published 30 Jun 2026, 11:11 UTC · Updated 30 Jun 2026, 11:30 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia. Editorial policy · Corrections
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