If China is one of the meanings of the Red Dragon in Revelation 12 it is interesting to note that China has sent a few naval frigates to try to force open the Strait of Hormuz to let her oil tankers with Iranian oil products run through the U.S. naval blockade. It is possible that world War Three could begin with that slight action of Chinese ships fighting with U.S. in the Gulf of Oman.
I suppose the ships could be allowed to pass if they first unloaded the oil products somewhere in Oman or onto a waiting empty neutral flagged ship whence the products could be sold to pay for the harm done to allied interests from Iran.