Hormuz crisis puts China's supply chain resilience and US dominance in focus
The ongoing crisis in the Strait of Hormuz is prompting China to reassess its economic vulnerabilities. NDRC chief Zheng Shanjie called for reinforcing strategic reserves amid mounting external risks. Separately, Citic Securities analysts argue a 'Hormuz moment' could accelerate a decline in US global dominance and reshape the international economic order.
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