Experts say that the overall impact of the military conflict between the US and Iran on the Chinese economy is controllable.
Chen Fengying, former director of the World Economy Research Institute at the China Institute of Contemporary International Relations, stated in an interview that the direct impact of the recent US-Iran military conflict on China is generally manageable. China is currently in a low inflation environment, with relatively ample macroeconomic policy space. Although China is a major energy importer, Chinese enterprises have overseas layouts that can partially hedge the cost pressure from rising oil prices. She believes that compared to economies such as Japan and India, which face higher inflation pressures and have a stronger dependence on energy imports, the Chinese market has a certain ability to absorb fluctuations in commodity prices. Even if oil prices temporarily rise, putting pressure on business costs, it is still within an adjustable range.
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