China, Israel and Iran
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Following Israel's strike on Iran's nuclear sites and a key gas hub, expert Gordon Chang warns of potential repercussions for China and the United States. The attack jeopardizes China's significant economic partnership with Iran and could incite proxy attacks against US interests.
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Tourists in Israel who had planned to visit Jerusalem's Old City or Tel Aviv's beaches will now have to settle for shelters.
China has issued advisories to its citizens in Israel and Iran of the "complex and severe" security situation in those countries on Friday, adding a warning to those in Israel to prepare for possible missile and drone attacks.
Israel launched a new wave of attacks on Iran early this morning as fighting between the two countries continued. Hours later, Iran launched a salvo of missiles. At least three people in Israel were killed and 67 others were injured, according to the national emergency service.
Asia-Pacific markets rose Monday, as investors assessed escalating Israel-Iran tensions, while awaiting a slew of data from China. Oil prices jumped as Israel and Iran exchanged strikes, while gold prices rallied, as investors sought refuge in the safe haven metal with equity markets sliding globally. The attacks continued over the weekend.
China was deeply concerned about the Israeli attacks on Iran and urged de-escalation for regional peace and stability, a Chinese foreign ministry spokesperson said on Friday. "China opposes any infringement upon Iran's sovereignty,