President Trump’s messy handling of the Iran conflict has helped birth an axis that brings nuclear capability, serious money, and growing international clout together.
[T]his blacklist has long since superseded its original military-related purpose and is now Washington’s means of tracking and suppressing China’s top enterprises.
During the Cold War, the United States occupied the apex of this triangular dynamic, pitting China and the USSR against each other. Today, it is Beijing that occupies that apex.