China Vulnerable to Demand Shock from Iran War, Analyst Warns
A global consultancy executive warns that China's economy would still face pressure from a long Iran war, despite its relative preparedness.
While China appears better prepared than other countries to deal with the shocks brought by the US-Israel war on Iran, its economy would still come under pressure in the short term if its regional partners suffer, an executive with a global consultancy has said. βChina might be more resilient, but China is not resilient to a demand shock,β said Denis Depoux, a global managing director at consultancy Roland Berger. βFor example, if the economy is slowing down in Southeast Asia, if people stop...