If a breakout of the escalating Syrian conflict or an Israel/U.S. military attempt to halt Iran’s progress toward nuclear weapons sets off even a 200-day regional conflict, it would be catastrophic for the Chinese economy.
Han Xiaoping, chief information officer of the China Energy Resources Net, recently warned China’s estimated reserve of only 110 million barrels would last only 46 days if there were a Persian Gulf closure. China’s dependence upon imported crude is far greater than the United States’ with some 40 percent coming from the Gulf. But only a declining 11 percent actually comes from Iran, the rest from the Arab states now unsuccessfully lobbying China to help defuse the Syrian timebomb and halt Iran’s nukes.
Full article: Regime security, not national security, is dominant priority in Beijing and Moscow (World Tribune)