SHANGHAI (April 7): Chinese stocks traded steady on Tuesday as markets remained focused on the war in the Middle East and high oil prices, whose impact on China has so far been relatively limited. "In the short term, the Iran war continues to dominate global assets pricing," Ping An Securities said in a report. "In the mid- to long-term, the safe-haven nature of Chinese assets is expected to shine amid geopolitical upheavals." The war in the Middle East will lead to higher inflation and slower global growth, the head of the International Monetary Fund told Reuters on Monday. Goldman Sachs said its most recent weekly tracking shows "limited impact from higher energy prices so far" on China's economic activity.
Source: The Edge Markets April 07, 2026 08:23 UTC