In the Middle East and the South Caucasus, China is gradually becoming one of the important geopolitical factors with which all countries in the region seek to build new quality relations. In order to correctly represent the race for superiority in the region, in this analysis we tried to understand what kind of influence and what interests have China and its main competitors in the region, primarily the United States and Russia. Turkey and Iran play a key role in the South Caucasus, therefore, within the framework of this analysis, we separately examined China's relations with each of these countries. Finally, we tried to understand the impact of China's regional policy on the South Caucasus countries, and also presented the vision and prospects for the development of the Armenian-Chinese relations. One of the important conclusions of this analysis is that deepening multilayer relations with the Iran-China axis can become a geopolitical alternative for Armenia, which, in the event of the collapse of the existing regional security system, will insure the country against existential threats, at the same time, under current conditions, will not create serious obstacles in the Armenian-Russian relations. Full material is available only in Armenian․