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

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.

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• China 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.
• The conflict could chip away at dollar dominance in oil, lifting China's petroyuan ambitions.