China's Energy Resilience Shields Assets Amid Iran Conflict
China has successfully insulated itself from the energy shock caused by the Iran conflict, demonstrating resilience in its asset markets. Despite being a major oil importer, China has diversified its energy mix and built substantial reserves, including over 1.2 billion barrels of oil. This strategic preparation has allowed China to avoid the worst impacts of the conflict, which has disrupted global oil supply through the Strait of Hormuz. Analysts suggest that China's efforts to become more self-sufficient in energy have paid off, with its capital markets showing low correlation to the volatility experienced by other regions. The resilience is attributed to China's strategic planning, which began during the U.S.-China trade war in 2018 under President Trump's administration. 
