China rebalancing and the Iran War

CHINA ADVISORY - Report 06 Apr 2026 by Andrew Collier

China’s official policy statements stress the importance of rebalancing the economy from industry to consumption—a point stressed by most foreign economists as a key transition. During the 15th Five-Year Plan meeting in March, Premier Li Qiang urged that "industrial upgrading should be driven by consumption upgrading, and high-quality supply should better meet diverse demands". However, the Politburo has so far proven unwilling to make such a drastic change in the country’s economic structure. Over the past two decades, a combination of external events and bad policy decisions have kept China down the path of state-led industrial investment. The Iran War is the latest event that further discourages rebalancing.

Now read on...

Register to sample a report

Register
Must have at least 8 characters
Sign-in
Forgot your password?
Copyright 2026 GlobalSource Partners. All rights reserved. This report is prepared for GlobalSource Partners’ clients and may not be redistributed, reproduced, stored in a retrieval system, retransmitted or disclosed, in whole or in part, or in any form or manner, without the express written consent of GlobalSource Partners. This report is distributed simultaneously to our website and other portals used by GlobalSource Partners. The information herein was obtained from various sources and is believed to be reliable but GlobalSource Partners does not warrant its completeness or accuracy. Neither GlobalSource Partners nor any Country Analyst, officer or employee accepts any liability whatsoever for any direct, indirect or consequential damages or losses rising from any use of this report or its contents.