Closure of Strait of Hormuz Hits China Hard | China in Focus

Closure of Strait of Hormuz Hits China Hard | China in Focus

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Tensions are growing between the United States and China over Iran. President Donald Trump is blockading the Strait of Hormuz—Beijing strongly opposes the move.
What’s the impact of the U.S. blockade on China? Steve Yates breaks it down.
China’s export growth slowed sharply in March—falling to just one-eighth of the pace seen in the previous two months.
China is tightening its grip on global supply chains. New rules now target foreign companies trying to exit, raising fresh concerns for businesses worldwide.
China is no longer the top supplier of cell phones and related hardware to the United States. The effects of Trump’s trade war are emerging.

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