UAE-Israel Peace Plan

China aims to play a more proactive role in the Middle East, maintaining cordial relations with all rival countries. Beijing attaches great importance to its ties with Saudi Arabia, the Emirates and Egypt, and therefore has welcomed the Abraham Accords (albeit in lukewarm fashion, because of tensions with the Trump administration).

The peace deals between Israel, the UAE and Bahrain mark the completion of an existing process by which the region's stabilizing forces are banding together against the Iranian threat.

Israel is a key player in the crisis currently unfolding in the eastern Mediterranean basin, on the same side as the UAE, Saudi Arabia, Egypt and Greece.

The deal is a clear win for Israel, the UAE and the US. Netanyahu gets a face-saving, significant reward for not doing something (annexation) he was not going to be able to do anyway in the current political/diplomatic context.