The Iran War is impacting China (and Russia) positively while weakening their enemies.

Recall that Xi anticipated this when he set up a cooperation mechanism in MENA, so the blueprint for the postwar future is already agreed.

As usual, trade and the economy continue booming. Despite its protestations, the EU’s China imports are up 22% YoY. Has the EU surrendered to its erstwhile trade war rival?

P.S. Defense news this week features 2x more items and links than usual, thanks to CHina’s part in the Iran War.