China and Djibouti backed free navigation in the Red Sea.

Houthi attacks on Saudi Arabia are intensifying beside a strait Chinese trade crosses.

The communique with Djibouti, host of China’s only overseas base, tells outside powers to avoid force and unilateral sanctions.

Shanghai researcher Li Weijian says no Chinese vessel has been attacked, so escorts are not yet needed.

Polymarket traders give a Saudi-Houthi ceasefire by 31 December a 31% chance.

How each outlet framed it
South China Morning Post
reads the communique as a first formal Beijing-Djibouti step on Red Sea security, while Chinese analysts argue naval escorts remain unlikely
Reuters
stresses the Djibouti base context (2017 PLA base beside US, Japanese and French bases) and the littoral states' sovereignty and 'wishes'

Sources: South China Morning Post, Reuters