China, with Pakistan, has proposed a joint peace initiative for West Asia, marking a shift from its cautious diplomacy to active crisis management. This move is driven by its high economic stakes, including $257 billion trade with Gulf nations and vulnerability to maritime chokepoint disruptions affecting its supply chains. It signals the rise of Global South-led diplomacy and China's intent to expand its diplomatic influence as the US recalibrates its regional role.
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- ›China-Gulf Trade Value: $257 billion (2024)
- ›Peace Plan Framework: Five-point broad framework
- ›Target this Data: China-Gulf trade valued at $257 billion (2024)
- ›Target this Nodal Body: United Nations Security Council (UNSC)
- ›Target this Legal Point: Strategic Cooperation Agreement (2021) between China and Iran
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