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Gulf Economies, Torn by War in Iran, Desperately Need a Return to Normal

States like Saudi Arabia and the United Arab Emirates that have worked to rebalance from a dependence on energy have seen growth plunge in a year of strife.

Β© Baraa Anwer/Associated Press

The Olaya district of Riyadh, Saudi Arabia. Gulf economies have shrunk 5 percent, as the Hormuz crisis hits energy exports and threatens regional diversification plans.

China’s Message to Its Rivals: You Need What We Make

It’s not just rare earths. China is making it harder for other countries to shed their dependence on its solar, drone and drugmaking technology.

Β© CHINATOPIX, via Associated Press

Assembling a tunnel boring machine at a factory in China. Beijing recently moved to control the exports of dozens of technologies, including such machines.

China’s Message to Its Rivals: You Need What We Make

It’s not just rare earths. China is making it harder for other countries to shed their dependence on its solar, drone and drugmaking technology.

Β© CHINATOPIX, via Associated Press

Assembling a tunnel boring machine at a factory in China. Beijing recently moved to control the exports of dozens of technologies, including such machines.
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