Iran war could still alter Beijing’s policy calculus: economist

With the Israel-war-on-Iran" class="entity-link entity-event" data-entity-id="38678" data-entity-type="event">US-Israel war on Iran entering its sixth month, Chinese policymakers have a multitude of questions weighing on their minds, with two proving particularly thorny according to a prominent economist: how much longer the conflict might last, and whether it will necessitate adjustments to previous plans.While the continuing impact on China might remain “small”, said Mao Zhenhua – co-director of Renmin University’s Institute of Economic Research and a professor at the University of Hong Kong’s Business School – the war could still alter the calculus of Beijing’s macroeconomic management and push it to better tackle existing, internal woes.“With the war dragging on, there is spillover on everyone, but China will still probably be facing the smallest impact [compared with other major economies],” Mao said recently in Hong Kong.