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China Defies the Hormuz Blockade: Why Expat Portfolios in Asia Face a Second-Front Risk

China Defies the Hormuz Blockade: Why Expat Portfolios in Asia Face a Second-Front Risk

Published on: 22/04/2026

A Chinese tanker defied the US Hormuz blockade. With alleged MANPAD shipments and a $278bn defence budget, expat portfolios in Asia face a second-front risk.

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