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At first, I really thought it was outrageous. Xi Jinping actually agreed to Iran's ten conditions in one go. No matter how you look at it, that doesn't seem like his style.
But then I thought about it and understood. After all, he's a purely business-minded person, and he wouldn't do a deal that loses money. "Agreeing first" doesn't mean "actually doing it," it's more like dragging out the process and controlling expectations.
Essentially, he's trying to buy some buffer time for the midterm elections and oil prices, stabilizing market sentiment first. Later, he can let Israel continue to pressure, and Iran definitely won't tolerate that. Once they turn hostile, the situation will change.
At that point, Xi Jinping will have a way out, and can directly shift the blame back, saying the other side didn't honor the agreement, so we had no choice but to take action to resolve the issue. This way, public opinion at home, approval ratings, and the pace of the midterm elections can all move in his favor.
Initially, I thought they would drag things out until a weekend within the ceasefire agreement to make a move. But now it seems the script was written long ago; tearing up the agreement is just a matter of time.