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Iran War May Give China, Xi, some Leverage on Trump at Beijing Summit

China has resisted U.S. pressure to reopen the Strait of Hormuz and is pressing for a ceasefire as 20% of global oil supply is affected, officials said.

  • On Thursday, May 14, President Donald Trump travels to Beijing for a two-day summit with Chinese President Xi Jinping, where the ongoing U.S. war against Iran threatens to dominate the high-stakes meeting.
  • Treasury Secretary Scott Bessent noted China funds the largest state sponsor of terrorism by purchasing 90 percent of Iran's energy, while the Strait of Hormuz blockade entangles 20 percent of the world's oil supply.
  • Just days before the summit, the U.S. Treasury sanctioned four companies for facilitating Iran's weapons purchases from China; despite U.S. pressure to join operations to open the Strait of Hormuz, Xi has balked at these requests.
  • Craig Singleton, senior director of the China program at the Foundation for Defense of Democracies, predicted expected deals amount to 'beans, Boeings, and a Board of Trade,' but certainly not a breakthrough.
  • Observers are watching for comparisons between the U.S. relationship and Beijing's support for Russian President Vladimir Putin; the summit also covers technology access, though analysts caution against expecting major wins on Taiwan or fentanyl.
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On the table of the meeting between the presidents of China and the US that begins tomorrow in Beijing highlights energy security, in a context marked by the war with Iran and the blockade of the Strait of Ormuz. China tries to project itself as a stabilizing actor against a US foreign policy seen as disruptive With the passage of weeks, since the postponement of March, expectations around the summit between Xi Jinping and Donald Trump have been…

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Politico broke the news on Saturday, May 9, 2026.
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