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As war engulfs the Middle East, the economic fallout is felt worldwide,
with oil and gas prices erratically moving up and down.
And that poses a challenge for Iran's biggest oil buyer, China,
which is in the midst of a broader economic slowdown.
Youth unemployment: around one in five young people in China are struggling to find work.
Then you've got a really persistent housing crisis, real estate crisis.
Once the growth engine of Asia, China is now trying to future-proof its economy
in an increasingly uncertain world.
Can Beijing pull off its plans to become more self-reliant?
And is China still on track to become the world's largest economy in the coming decades?
I'm Marie Gorie in Singapore, and this is Asia Pacific from the BBC World Service.
Twice a week, we bring you Asia-Pacific stories unpacked by those who know them best.
And today I have our Asia business correspondent, Sharanjit Leyl.
I also have our China correspondent, Laura Bicker, in Beijing. Welcome both.
Thanks. Nice to be back.
Now, Laura, shortly after the attack on Iran,
I think it's fair to say that the market reaction was relatively calm.
And you and I spoke on this podcast that the impact on China's oil supplies might be limited.
But now there are fears of prolonged disruptions to shipments through the Strait of Hormuz,