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‘China is gaining from what the US is doing in Iran’

‘China is gaining from what the US is doing in Iran’

Summary

A geopolitical expert, Steve Okun, says that even though the US and China recently had a summit in Beijing, they continue to compete with each other. He explains that China is gaining advantages from the war involving Iran by increasing its influence, while the US faces higher costs and continuing trade conflicts with China.

Key Facts

  • The US and China remain rivals despite a recent summit in Beijing.
  • China is taking advantage of the war on Iran to grow its power.
  • The US is experiencing rising costs due to the conflict.
  • The US and China are involved in an ongoing trade war.
  • Analyst Steve Okun provided this assessment of the situation.
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