Why Beijing will win the Iran war

A crisis always rewards long-term strategies. China is thus transforming a handicap into an asset, thanks to the new Gulf War. Certainly, the Middle Kingdom is the largest importer of oil on the planet. And the black gold that feeds the Chinese industrial ogre comes largely from the Middle East, traveling through a Strait of Hormuz today as dangerous as a canyon overlooked by Indians in a western. But it is precisely because of this dependence, identified as a major vulnerability by the Chinese decades ago, that Beijing has built a strategy of electrification of the economy which is having its effects today.