Pakistan and China brokered a fragile Iran ceasefire
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A pause to the fighting would smooth Trump's visit to Beijing next month, with China's role leaving the US leader in debt to his Chinese counterpart.
China has welcomed the ceasefire between Iran and the US, amid reports that Beijing was involved in securing the two-week pause in fighting and the reopening of the Strait of Hormuz. Foreign Ministry
China is stepping up its diplomacy as the Iran war drags on. It has put forward a five-point proposal with Pakistan and is rallying support for the plan from Gulf countries and Western governments.
China is better positioned than the US to withstand the oil shocks during the war in Iran, Goldman Sachs says.
Between 2014 and 2023, Beijing provided about $2.34 for every dollar Washington donated or lent to West Asia countries
The president said the agreement was made on the condition that Iran agree to reopen the critical Strait of Hormuz.