Thinking About China
Opinion

Beijing, Oil Flows, and the War in the Middle East

China can withstand the loss of Iranian oil but not without cost.
Beijing, Oil Flows, and the War in the Middle East
A security guard stands near large oil tanks at Zhenghai National Oil Reserve Base in Ningbo of Zhejiang Province, China, on June 3, 2009. Feng Li/Getty Images
Milton Ezrati
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Commentary

As one would expect, Beijing is watching the war in the Middle East carefully. It clearly has significant military and geopolitical implications in Asia, especially with Taiwan.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is “Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.”