Keith Bradsher
Rising oil and natural gas prices from the war in Iran are beginning to weigh on the Chinese economy, further slowing already anemic consumer spending and hurting critical export sectors.
Car sales fell in March and plunged further in April. Restaurants and hotels are seeing fewer customers as households turn cautious. In southern China, thousands of toy factory workers protested last week after their employer collapsed under rising plastic costs and ongoing tariffs in the United States.
The emerging signs of strain underscore how even China, with vast strategic oil reserves and massive investments in renewable energy, is not immune to the forces pressuring economies worldwide.
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