Alice Han

The fact of the matter is China is still very vulnerable, exposed.

If this war becomes more prolonged, and it seems as every day that passes, it's more likely that it is a more prolonged conflict, right?

So what is your assessment as to why China hasn't really been as aggressive or vociferous in its criticism?

It's abstained from the UN resolution on the Tehran conflict, and it hasn't really, to my knowledge at least, given direct military aid to the Iranians.

Welcome to China Decode.

I'm Alice Han.

In today's episode of China Decode, we're discussing how Beijing is maintaining a neutral position as the Iran conflict deepens, how Chinese automaker BYD is poised to become a global force,

And an ambitious and unique infrastructure project is ready to open in Chongqing.

We'll talk about how it reflects China's values.

That's all coming up.

But first, let's do a quick check-in with how the Chinese markets are starting the week.

The Shanghai A share index gained 0.2%.

The Hang Seng H share index fell 0.8%, now down 12% from its January high.

On news of Iran striking aluminium plants in the Middle East, aluminium producers Aluminium Corporation of China and China Hongqiao Group closed up 7% and 4% respectively.

And EV maker BYD fell nearly 5%, but more on that later.

Before we get to the episode, a quick announcement.

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