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Fears of new China shock as EU industry’s reliance on imports grows

shock” was coined. It referred to the impact of [China](https://www.theguardian.com/world/china) bursting on to the global trade stage after becoming a member of the World Trade Organization, with soaring imports displacing local industries

Global energy crisis highlights meagre oil buffers in developing world

impacted most of the world](/economy/2026/3/23/world-in-energy-crisis-worse-than-1970s-oil-shocks-combined-iea-head-says), import-reliant poorer countries are among the worst affected and the most lacking in energy reserves to cushion the blow. The International Energy Agency (IEA), the Paris-based body

As Iran crisis drags on, fears of global food crisis grow

Germany, told Al Jazeera. “Poor people in Africa and Asia will be hurt the most because they have to spend a high share of their income on food anyway,” Qaim said. “Hunger and undernutrition will