anon45
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Its just another disinformation tool for the West against its "enemies". There were countless articles on Reuters which were lies/spins/propaganda, same as CNN, and any other West mass media.
Reuters is rather respected as a source, far more so than CNN, partially because as a European paper it has less of a stake in US politics. If you believe it is a tool to spread disinformation just because it is one of the more established 'Western' newspapers, we will have to agree to disagree.
You are partially right, China cares about its interests foremost, however preventing Iran becoming another West puppet is a part of its interest. Thats why China denied additional sanctions, supplies advanced weapons and its tech, etc.
There was a recent threat by Chinese general they would protect Iran even if it means WW3. I personally doubt that, but Iran would get a lot of support under the table if war happens. China achieves its goals - helps Iran, harms West/EU, and even though higher oil prices would harm its economy short term, think what happens after the war with broke or near-broke US/EU - they would come to China begging for cash, and China would again use it to its advantage.
Considering the state of things it isn't high on the list of priorities to nation build Iran, and I think China knows this. Any action will be with the goal of keeping the straits secure for shipping, not occupying Iran, and it is in China's interest to make any period of disruption as short as possible. If China was to supply Iran during wartime, not only would it harm its relations with the US and EU further, it would prolong the disruption and increase the damage to China's economy, as well as the world's. This wouldn't make countries outside the western world think better of China, certainly not the major countries in Asia, who have somewhat of a dependence on the oil flowing through the strait.
Basically China can't only think of the pain such a move would cause itself, but what it would cause to the rest of the world, and how that might effect relations with other countries, particularly in Asia.
Once the war is over, the strait is secure, and Iran has to pick up the pieces of its country China can use its own reserves to rebuild Iran, securing a rather cheaper source of oil, positive propaganda, and a greater eye into Iran's structure so as to make sure such a disruption doesn't happen again.
Or it doesn't have to and can stick to its stated policy of non-interference. Either way, it isn't the US that's going to be rebuilding Iran and keeping our soldiers vulnerable to any farmer with a rifle.