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Global Business News

The Economic Times

Global Business / The Economic Times

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Xi's $270 billion Middle East bet limits China support for Iran

China's substantial investments across the Middle East, particularly in green tech and tourism, are now jeopardized by regional conflict. Despite facing risks to its capital and personnel, Beijing is navigating a delicate balance, aiming to de-escalate tensions while reassuring Gulf partners and continuing its economic expansion.

10 Apr 2026 8:27 am