Gordon Chang discusses China's extensive support for Iran across various sectors and highlights recent developments such as Goldman Sachs upgrading Chinese equities to an overweight position. He also mentions the Chinese Communist Party's (CCP) demand for teachers to surrender their passports and notes an increase in aggressive behavior from adversarial actors in the region.
Negative
China's increasing support for Iran could foster stronger ties that may affect international energy markets and geopolitical stability in the region. Investors should be cautious, as heightened tensions involving Iran could impact global oil prices and create volatility in related markets.
Goldman Sachs' upgrade of Chinese equities suggests a positive outlook on China's economic recovery and growth potential, despite geopolitical tensions. Investors in the Chinese market may see opportunities in sectors supported by this bullish view.
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Fox News senior strategic analyst Gen. Jack Keane (ret.) discusses the latest developments coming out of the Middle East.