China Decode: How the Iran War Inflation Will Impact China

Bare walls, clear surfaces, the minimalist aesthetic is having a moment. And for some, it's a form of resistance. I think a lot of people have a sense that we live in this very consumerist society and feel kind of a desire and need to push back against that. How to live with less. That's this week on Explain It To Me. New episodes Sundays wherever you get your podcasts. This week on Net Worth and Chill, I'm taking you inside my sold out New York City book tour stop for my brand new book, Well Endowed. I sat down with the hilarious Heather McMahon for a night of laughs, real money talk, and honest financial truths. We're getting into everything the book covers from how to actually build wealth, how to protect it, and how to stop leaving money on the table. Whether you've already grabbed your copy of Well Endowed or you're still on the fence, this episode will show you exactly why everyone's talking about it. Listen wherever you get your podcasts or watch on youtube.com/yourrichbff. Before we start today's episode, a quick note about another show in the prof g media world. Raging moderates with Scott Galloway and Jessica Tarlov is now five days a week with new episodes coming every weekday evening. It's a show that is very helpful for making sense of US politics right now. If you're not already subscribed, you definitely wanna check it out. Find Raging Moderates on YouTube as well as Apple Podcasts, Spotify, and everywhere else. Now here's the show. I think the longer this drags out, yes, this will have an impact on China's, you know, oil imports and, ergo prices, although it has to about three to four months inventory in its strategic reserves. But more from a strategic point of view, the longer this drags out, I think it actually is net good for China because it can point to how chaotic the Trump administration has been. Welcome to China Decode. I'm Alice Tan. And I'm James King. In today's episode of China Decode, we're discussing why China can't escape its dependence on the Strait Of Hormuz, China's cautious growth targets in its new government work report for 2026, plus Semaphore's Andy Brown joins us to discuss how all of this is impacting the China US relationship. Now that's all coming up, but first, let's do a quick check-in with how the markets in China are starting the week. On Monday, the Shanghai Asia index fell about 0.7%. The Hang Seng Asia index closed down 1.4%, pairing back some losses after briefly falling to a six month low. The Brent and WTI crude benchmarks both soared more than 20% before falling. Energy stocks, China National Offshore Oil Corporation and China Shenhua Energy, both ended the day up over 3%. And property companies, Sun Hong Kai Properties and Hanglong Properties, both closed down over 3% on fears of inflation that could delay or reverse expected cuts in …