The Iran war could end up helping China's economy — despite the short-term pain

Source: Business Insider

Chinese leader Xi Jinping's administration may face short-term pressure from the Iran war — but longer-term shifts could play to his country's strengths. Lintao Zhang/Getty ImagesChina is getting hit by the Iran war's oil shock, but its shift to electrification could soften the blow. Some of China's clean energy stocks are jumping as the war drives more demand for renewables.