(C) NG Herald

BEIJING – With only a week left until the highly anticipated summit between U.S. President Donald Trump and Chinese President Xi Jinping, Beijing is making strategic moves to assert its diplomatic influence by positioning itself as a key mediator in the Middle East.

The Beijing Meeting: Iran’s Top Diplomat Visits China
On Wednesday, Iranian Foreign Minister Abbas Araghchi arrived in Beijing at the official invitation of the Chinese government. His meeting with Chinese Foreign Minister Wang Yi comes at a critical juncture, as tensions escalate over the potential blockade of the Strait of Hormuz—a vital artery for global oil shipments.

This diplomatic push follows public pressure from Washington. Recently, U.S. Treasury Secretary Scott Bessent called on China to play a "constructive role" in de-escalating the crisis, highlighting Beijing’s significant financial ties and influence over Tehran.

Strategic Interests: Crude Oil, Yuan, and Global Image
Experts suggest that China’s proactive involvement is driven by a complex mix of economic and geopolitical calculations:

Energy Security: As the largest buyer of Iranian oil—importing over 80% of Iran’s exports last year—any disruption in the Middle East directly threatens China’s energy stability.
Economic Ambitions: China aims to protect its $400 billion long-term investment pact with Iran and seeks to further the use of the Yuan (Renminbi) in oil trade, challenging the dominance of the "petrodollar."
Diplomatic Prestige: By successfully brokering discussions where Western diplomacy has stalled, Beijing hopes to solidify its image as a "responsible major power" on the world stage.

A Lever for the Upcoming Summit
The "Iran card" is expected to be a major talking point when President Trump visits Beijing on May 14–15. While the U.S. favors high-pressure sanctions to force Iranian concessions, China advocates for pragmatic dialogue.

"The U.S. expects China to lean hard on Tehran," said Li Mingjiang, a professor at Nanyang Technological University. "However, Beijing is unlikely to sacrifice its strategic relationship with Iran just to satisfy Washington’s demands. Instead, it will use its mediating role as leverage during the bilateral talks with Trump."

As Wang Yi continues his "balanced diplomacy"—having reportedly held 26 high-level calls with regional stakeholders recently—the international community is watching closely to see if China’s intervention will lead to a lasting breakthrough or merely serve as a tactical display of strength before the summit.

[ⓒ Global Economic Times. 무단전재-재배포 금지]