China remains optimistic about business opportunities in the Middle East despite tensions

From CNBC: 2025-06-23 04:24:00

Chinese business optimism regarding opportunities in the Middle East remains strong despite recent tensions. Chinese shipments to Dubai have increased by 20% this month, with companies turning to the region for investment and market expansion. Beijing helped restore diplomatic relations between Riyadh and Tehran in 2023. However, risks are elevated, with the Dubai port near Iran.

China’s Ministry of Foreign Affairs condemns U.S. attacks on Iran, urging all parties to reach a ceasefire. China’s trade with Iran has declined in the past two years, impacting the U.S.-sanctioned crude exporter. Beijing seeks stability in the Middle East for economic and strategic interests, positioning itself as a constructive global power.

Chinese citizens have been evacuated from Iran, with most nationals safely returned. While U.S. citizens face travel warnings, Chinese citizens can visit Iran visa-free for tourism or business. If U.S. sanctions on Iran ease, thousands of Chinese businesses may invest in the country’s tourism, real estate, and infrastructure.

Read more: What China thinks about the escalating Iran-Israel conflict