Chinese exporters wary of US-Iran peace deal despite hopes for trade resumption
Chinese exporters and shipping firms remain cautious about the US-Iran peace deal, fearing supply chain disruptions and doubts about the agreement's durability. Traders and logistics companies are reluctant to make long-term commitments. Abbas Shi, a Chinese businessman connecting Chinese companies with Iranian partners since 2024, prioritizes clearing a backlog of orders over new business. Before the truce, Iran's blockade of the waterway sharply curtailed commercial shipping, disrupting global supply chains and driving up transport costs.
Key facts
- Chinese exporters and shipping firms remain wary despite the US-Iran peace deal
- Traders and logistics companies fear disrupted supply chains and doubts about the agreement's durability
- Many traders and investors remain reluctant to make long-term commitments
- Abbas Shi has been helping connect Chinese companies with Iranian partners since 2024
- Immediate priority is clearing a backlog of orders, not new business
- Iran's blockade of the waterway had sharply curtailed commercial shipping before the truce
- The blockade disrupted global supply chains and drove up transport costs
Entities
Locations
- China
- Iran
- United States