China's Economy Beats Growth Forecasts

The world's second-largest economy has largely shrugged off the initial impacts of the Middle East conflict, which is entering its seventh week.

While exports have softened due to dropping global demand, Beijing's focus on the 'green industrial complex' has provided a significant buffer.

However, unemployment has hit a 13-month high, and the real estate downturn continues to threaten long-term stability.

Analysts warn that a prolonged war could eventually sap China's growth as other nations' ability to absorb its exports diminishes.