Overview

• China's navy has begun escorting Chinese cargo ships through the Red Sea to ensure their safety amidst Houthi rebel attacks.
• The move comes as many shipping companies have rerouted to avoid the Red Sea, significantly increasing costs and shipping times.
• Despite Houthi claims that ships from certain countries, including China, can pass safely, recent attacks have targeted vessels, including one carrying Russian oil.
• International responses include a US-led coalition's missile strikes on Houthi positions and calls for China to pressure Iran to curb Houthi activities.
• The ongoing conflict threatens global economic growth by potentially driving up commodity prices and disrupting major trade routes.