{
    "success": true,
    "data": {
        "id": 1703907,
        "msgid": "global-oil-supply-disruptions-bring-unexpected-benefits-to-china-1777294328",
        "date": "2026-04-27 18:30:00",
        "title": "Global Oil Supply Disruptions Bring Unexpected Benefits to China",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Economy",
        "summary": "Global oil price surges due to Middle East conflicts have unexpectedly boosted China's industrial profits, with March 2026 figures rising 15.8% year-on-year, the fastest growth in six months, driven by strong exports and a technology boom. High-tech manufacturing and equipment sectors led the gains, with profits up 21% and 47.4% respectively in the first quarter, while AI, semiconductors, and drones further propelled performance. Economists note China's coal and renewable energy reliance as a buffer, though ongoing conflicts may pressure the economy in Q2 amid higher energy costs and weaker global demand.",
        "content": "<p>Global oil price surges due to Middle East conflicts have brought an\nunexpected impact on China\u2019s economy. Amid rising energy costs, the\nindustrial sector of the Bamboo Curtain nation recorded double-digit\nprofit surges supported by strong exports and a technology boom.<\/p>\n<p>Data from China\u2019s National Bureau of Statistics shows that industrial\ncompanies\u2019 profits jumped 15.8% year-on-year in March 2026. This figure\nmarks the fastest growth in the last six months and is higher than the\n15.2% increase in the first two months of the year.<\/p>\n<p>Cumulatively, profits of Chinese companies in the first quarter of\n2026 grew 15.5%. This growth represents the best start to the year since\n2017, excluding the surge during the 2021 Covid-19 pandemic.<\/p>\n<p>Quoting CNBC International, NBS Chief Statistician Yu Weining\nhighlighted high-tech manufacturing and equipment sectors as the main\ndrivers of growth. Profits in these sectors surged 21% and 47.4%\nrespectively in the first quarter.<\/p>\n<p>The AI and semiconductor boom also drove performance surges across\nvarious sub-sectors. Optical fibre producers recorded profit jumps of up\nto 336.8%, while the optoelectronics and display device industries grew\n43% and 36.3% respectively.<\/p>\n<p>Demand for smart technology-based products also lifted profits in\nemerging industries, such as drone manufacturers, which surged 53.8%.\nThe raw materials sector was also boosted, with profit increases\nreaching 77.9% as oil refineries returned to profitability.<\/p>\n<p>Morgan Stanley economist Robin Xing assesses that China\u2019s energy\nstructure, reliant on coal and renewables, provides important cushioning\namid global oil price spikes.<\/p>\n<p>\u201cChina is in a relatively better position and has the potential to\ncapture export market share amid a significant but not extreme energy\nshock,\u201d said Xing.<\/p>\n<p>A similar view was expressed by Pinpoint Asset Management President\nand Chief Economist Zhiwei Zhang, who considers strong exports as one of\nthe main factors driving industrial performance. However, he warns that\npressures have not fully eased.<\/p>\n<p>\u201cThe Middle East conflict will continue to burden the economy in the\nsecond quarter, as higher energy prices and weakening global demand pose\nchallenges for exporters,\u201d said Zhang.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/global-oil-supply-disruptions-bring-unexpected-benefits-to-china-1777294328",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}