The US and Israel may have started the war in Iran, but – apart from the belligerents themselves – it is China and Europe that stand to lose the most from it. Yet while European leaders watch like rabbits caught in the headlights as energy prices shoot through the roof, China has responded to the crisis with remarkable equanimity. It is striking how self-confident Beijing is ahead of this week’s Trump-Xi summit. That’s because China is better prepared for what I call an age of “un-order”. This is not the same as disorder, where rules exist but are broken. Un-order…
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