The Chinese-brokered landmark accord between two countries that were bitter rivals for years may have a domino effect on other Middle East countries like Yemen, Syria, Lebanon and Iraq, where the two countries supported opposing sides, and could play a big role in stabilizing the region.
The global perception of China taking a more active stance in world politics may be something of an exaggeration. China is happy to take advantage of enhancing trade cooperation with all parties while not taking any sides on sensitive issues.