When the U.S. and Israel struck Iran on Feb. 28 and the Strait of Hormuz effectively closed, most analysts expected Beijing to be among the biggest losers. China imports roughly two-thirds of its crude. Instead, China shrugged — and in the process rewrote the rules. A tanker sits at dock at the Trans Mountain Pipeline expansion Westridge Marine Terminal. Canada needs to foster closer ties to China to benefit from that country's energy policies. PHOTO BY HANDOUT/Trans Mountain