China urged Iran and the United States to exercise restraint, return to the Islamabad memorandum and resume substantive peace negotiations, while calling for effective measures to reopen the Strait of Hormuz and protect international energy transport and supply chains. Chinese Foreign Minister Wang Yi also warned against the conflict spreading into Yemen and the Red Sea. The talks with Iran's Araqchi took place during a one-day visit to Beijing, a week before an expected meeting between Chinese President Xi Jinping and U.S. President Donald Trump in Washington. U.S. Treasury Secretary Scott Bessent said Trump and Xi would continue discussions on Iran and China's financial links to Tehran, which Washington has sought to exclude from Western financial systems. Prediction-market analysis shows lower odds of a U.S.-Iran meeting by Sept. 30, while contracts for later dates carry gradually higher YES probabilities. Observers are watching for official diplomatic initiatives, possible involvement by Pakistan and Qatar, restored technical or naval communications, and further military action or rejected negotiation terms.