China is the sole Asian winner from the Strait of Hormuz crisis, report finds

A report by the Asia Group thinktank concludes that China is the sole Asian winner from the Strait of Hormuz crisis triggered by the Middle East conflict. Beijing weathered the global commodities shock thanks to its strategic stockpiles and renewable energy industry. China is now poised to gain further from the global surge in demand for solar panels and electric vehicles sparked by the crisis.