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world Scmp World 2026-03-24

China's Prioritization of Economics in Persian Gulf

Foreign Minister Wang Yi emphasizes economic interests over military involvement in the Persian Gulf conflict.


Foreign Minister Wang Yi’s press conference at the annual “two sessions” on March 8 was the Chinese government’s most authoritative statement on the war on Iran since strikes began on February 28. Wang called the war one that “should not have happened” and offered five principles for resolution: respect for sovereignty, rejection of force, non-interference in internal affairs, political settlement and goodwill among major powers. Diplomatic language aside, Wang named no concrete enforcement...

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