This is the best summary I could come up with:

Rather than acting like the global leader it purports to be, China has made no appreciable move to shoulder the costs or risks of ensuring security in the Red Sea, despite having its sole declared overseas military base in Djibouti, adjacent to the strait.

The Red Sea crisis distracts the United States from focusing on Asia, buying China time to marshal its capabilities in the western Pacific while presenting itself as a benevolent power that does not meddle in other countries’ affairs.

Jake Sullivan, President Biden’s national security adviser, was due to meet with Chinese Foreign Minister Wang Yi in Thailand on Friday and Saturday to discuss the situation, according to U.S. officials.

The United States must call out China for its duplicity and pressure it to start acting like a responsible power — and in its own self-interest — by sharing some of the burden of protecting trade routes and using its influence on Iran to end the Houthi attacks on shipping.

A prolonged regional crisis could heighten pressure on the Communist Party at home, where its economy already faces strong headwinds and can ill afford the risks of tangled supply chains and soaring shipping and insurance rates.

The United States should remind Beijing that its own long-term energy security and supply chains are at stake in the Red Sea and press it to act accordingly, as a constructive player, by, for instance, participating in coordinated crisis diplomacy to help resolve a mess that generates disproportionate risks for China.

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