China’s Stakes in Iran Talks: Currency, Oil and a Bid for Global Influence
A fragile ceasefire between the US and Iran has shone a spotlight on China’s evolving role in global crises. After initially keeping a low profile, Beijing has stepped up diplomatic efforts, positioning itself as a mediator while maintaining close ties with Tehran. At the same time, disruptions in the Strait of Hormuz are fueling speculation that China could use this crisis — including Iran’s collection of tolls in the Chinese currency — to advance RMB internationalization and reshape global energy markets. But is China emerging as a genuine peacemaker — or pursuing a strategic advantage? In this episode, we examine China’s shifting approach to the Iran conflict, the economic and geopolitical implications, and what these developments could mean for the Taiwan Strait and the broader balance of power. *Recorded on April 9, 2026 at 3:15pm Taiwan Standard Time Host: Wen-Ti Sung Producer: Chinyeh Chiang Our guests: Lee Chia-yi - National Chengchi University Department of Diplomacy Professor Eric Chiou - National Yang Ming Chiao Tung University Center of Human Sciences Associate Professor
