Iran War Poses Double Edged Risks for China’s Reflation Efforts
China is well placed to cope with higher energy costs, but any blow to exports would dent growth
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I’m Malcolm Scott, international economics editor in Sydney. Today we’re looking at the potential for reflation in China. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
As policymakers mull measures to shield their economies from spiking energy prices stemming from the war in Iran, the nation using the largest share of oil coming via the Strait of Hormuz may prove best placed to weather the storm.