SKIN IN THE GAME

China’s Iran support restrained by investments in Middle East

Dubai airport, Jebel Ali power plant and the Ras Laffan complex are among the projects that received loans from Chinese state-owned creditors

Li Gang/Xinhua via Getty Images

Chinese President Xi Jinping

China’s support for Iran has been tempered by its growing investments across the Middle East, where it has deployed about $270 billion since the pandemic.

The region has been a key beneficiary of President Xi Jinping’s Belt...