US and China must team up to keep maritime trade routes free and safe

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With the end of the 60-day US-Iran memorandum of understanding, tensions in the Strait of Hormuz have flared again. The crisis in the strait highlights how the security and stability of key international waterways are becoming an increasingly urgent global concern. Over the past decade, major maritime routes have been affected by regional armed conflicts, geopolitical tensions and growing security risks. These disruptions have exposed a vulnerability in the global trading system: a key...