Home › CNN       21.07.2026

The winner of the US-Iran war has always been China | Fareed's Take

Fareed Zakaria argues that the biggest beneficiary of the US and Iran's conflict is China, without the need to fire a bullet or spend a yuan.

0:00 Who gained the most from the Iran war? China 2:24 How China weathered the war's geoeconomic shock 4:30 America's reputational loss is China's win 6:14 Fareed's Last Look: How rare earths showcase China's economic strength 9:30 What the United States can learn from Japan

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