The Guardian
Ahead of the crucial talks, security has been heightened in Beijing, with the US president set to meet Xi at the Great Hall of the People One of Trump’s pressing concerns as he visits Beijing is how to find a way to reopen the strait of Hormuz , through which half of China’s crude oil passes. China has been more insulated from the energy shock than other Asian countries, thanks to its diversified energy mix and large stockpiles. But the risk of a global recession – which the International Monetary Fund has warned is a possible outcome of the Iran war – is a bigger threat to China’s economy. Continue reading...
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