China Vows Stronger Energy Security With Iran Peace Deal Elusive
China’s top leaders pledged to counter external shocks and enhance energy security, while highlighting better-than-expected growth so far this year after the Iran war caused turmoil in global energy markets.
China will “respond to external shocks and challenges in a systematic way, enhance the level of energy and resource security, and counter various uncertainties with the certainty of high-quality development,” the Communist Party’s decision-making Politburo led by President Xi Jinping said in its first economy-focused meeting after the war in Iran broke out.