Video Duration 02 minutes 08 seconds play-arrow02:08China’s economy beats expectations despite the Iran war, but weak demand and structural risks remain.
China’s economy is off to a strong start this year, even as the conflict between the US, Israel and Iran disrupts global energy markets.
It grew by 5 percent in the first quarter, beating expectations.
But, beneath the headline numbers, the situation is more complex.
Weak domestic consumption, a struggling property sector and a shrinking population are still weighing on the economy.
Beijing, though, is doubling down – investing heavily in high-tech industries and green energy, where it already dominates global supply chains.
And as the Iran war reshapes energy flows, China may be more insulated than most.
