ExclusiveWhat are the economic impact of the War in Iran to China?

5 weeks of war in Iran. Oil transport through the strait of Hormuz has been drastically reduced. Oil prices are up and up.

China is strongly dependent on oil import. 80% of all oil need are imported. Almost half of it need to go through the strait of Hormuz. Chinese economy has since years sliding down towards a collapse. Transportation, plastic products, logistics and many more industries are dependent on oil. What economical and political consequences are there? Is this a calculated part of Trump’s strategy to bring down CCP?


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