
Joint strikes on Iran by the United States and Israel since Saturday have left shipments stalled, payments delayed and clients unreachable, Chinese businesspeople said. For many of them, the disruption has been direct and immediate.
David Xie, an executive at a Shenzhen-based technology company that secured a contract worth more than 5 million yuan (US$728,785) from an Iranian trade delegation in late January, said he had lost contact with his client.
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“We couldn’t reach them,” Xie said. “Messages are not answered. We don’t know whether the project is postponed or cancelled.”
He said the Iranian group had toured factories in Shenzhen with a view to procuring goods.
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“They paid a deposit and we had already begun preparing production,” Xie said.