China, unlike the current US admin, has been properly preparing for this war since before the 12 day war last year - it has huge oil reserves, comfortably being able to ride out this current slowdown - and it's only a slowdown, as Iran is letting its ships through for a toll of $1-2 million apiece.
Unless you think that the US will be able to permanently stop oil going to China, this is NOT some clever plan. At best, it's a stupid one. It probably is none at all.
What is actually happening right now is that everyone, everywhere, is building up alternative energy sources, mostly solar and wind, and the batteries to store the power, as fast as they can at any price.
And where are they buying it from?
China.
looks the the $1 trillion surplus will not be a one-off.
Seriously, China has long surpassed the US where is actually matters. Time to open your eyes and face that fact.