Why Chinese exporters and shipping firms remain wary despite the US-Iran peace deal

AI Summary

Despite a temporary ceasefire between the US and Iran, Chinese exporters and shipping firms remain cautious about resuming long-term operations in the Gulf region. The uncertainty surrounding the peace deal continues to impact business decisions.

Iran and the United States may have entered a temporary ceasefire, but uncertainty over the agreement continues to cast a shadow over the operations of Chinese businesses across the Gulf region. While the deal has raised hopes that business activity could gradually resume, many traders and investors remain reluctant to make long-term commitments. For Abbas Shi, a Chinese businessman who has been helping connect Chinese companies with Iranian partners since 2024, the immediate priority is...