Is China's economy insulated from Iran war shock?
The US and Israel’s war with Iran has sent shockwaves across the global economy, and created the largest energy crisis in decades. But China, the world’s second-largest economy, has by many measures appeared insulated from the worst of the fallout.
Watch moreWorld's worst energy crisis? Iran war sparks scramble for alternatives to Gulf oil
Leah Fahy, senior economist in the China team at Capital Economics, says China's diverse energy mix has cushioned some of the effects of the global energy shock. "Even for China, a big spike in energy and oil prices is a bad thing, and it's going to have…
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