Home › CGTN       05.06.2026

OECD warns Iran conflict could hit global growth hard

The global economy is facing new uncertainty. The Organization for Economic Co-operation and Development has cut its 2026 growth forecast and warns that a prolonged conflict involving Iran could further weaken economic activity if energy production remains disrupted and shipping through the Strait of Hormuz is affected. CGTN's Sean Callebs spoke with Andy Mok, Author of "The Innovation Machine" and Founder of Core Interests, about what's driving the slowdown and how China is working to stabilize global growth. #bizshow #OECD #globaleconomy #China #Iran #Hormuz #GlobalSouth #worldtrade #economy

0:00 OECD Warns Global Growth Could Slow Further 0:52 Why China Is Still Driving Global Economic Growth 2:08 Global South Challenges the Old Economic Order 2:52 Europe's Energy Crisis and Economic Struggles 4:13 Can China Become the World's Growth Engine? 5:18 China's High-Tech Push and the Future Economy

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