日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
World
Home / World / Middle East

For Middle East, China an investment magnet

By JAN YUMUL in Hong Kong | China Daily | Updated: 2021-11-01 09:34
Share
Share - WeChat

As Gulf countries place greater emphasis on the urgent need to diversify their economic sustainably, the influence of China's robust economic and technological advances as well as the Belt and Road Initiative increases, experts say.

Furkan Halit Yolcu, a research assistant at Sakarya University Middle East Institute in Turkey, said China is "an active investor with fewer demands in terms of dependency".

The West, he said, requires a certain level of alignment "if it is going to invest in your country", and Chinese investment comes with "less political luggage".

"Middle Eastern nations are becoming more and more aware that the financial ease they have had over the last 40 years is losing its leverage. The region has to discover new ways of growth and provide sustainable solutions to avoid succumbing to financial instability and lack of decentralization."

Patrick Cooke, managing editor for the Middle East and Asia with the research and advisory company Oxford Business Group, said Middle East investment in China and elsewhere in emerging Asia is a growing trend, accompanied by increasing trade between the two regions.

Such investment is being driven by the need for Middle Eastern economies to diversify, and is led, in part, by the large sovereign wealth fund of the Gulf Cooperation Council countries seeking long-term returns beyond their home markets, he said.

The council is a political and economic bloc comprising Bahrain, Saudi Arabia, Oman, Qatar, Kuwait and the United Arab Emirates.

"At the same time, China has been channeling large amounts of investment into strategic projects in GCC countries," Cooke said. "This is occurring not just in hard infrastructure but in areas such as information and communications technology, healthcare and green tech, as Gulf countries seek Asian expertise to accelerate the digital transformation process."

In terms of infrastructure, China has signed documents with 19 countries in the Middle East for collaboration as part of the Belt and Road Initiative. Its main imports from the region are energy resources, most of which come from Saudi Arabia, Oman, Kuwait and the UAE.

According to a recent study titled "China Position 2021: Sustaining institutional interest" by Economist Impact, sponsored by the investment management firm Invesco, 44 percent of Middle East senior investment professionals said their China exposure had risen over the past 12 months.

Despite the challenges brought by the pandemic, at least 77 percent spoke of plans to further increase exposure over the coming 12 months, and 74 percent said they expected better economic conditions in China than elsewhere over the year.

Farhan Mujahid Chak, an associate professor of political science in Gulf Studies at Qatar University, said the BRI is a "brilliant initiative that is a win-win for China and participating developing economies".

Relations between China and the GCC reached a milestone when two-way trade between the two sides reached $160 billion last year, making China the largest trading partner for the bloc and its biggest export market for petrochemicals.

Middle Eastern leaders value stability the most over other "components of political success", Yolcu said. As such, they do not want to be fully dependent on a single source of political and financial stability. China, in this regard, "comes forward in this endeavor to amplify the sources of legitimization, stability and investment".

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 成人福利视频在线看高清观看 | 成人h视频在线 | 成人激情视频网站 | 国产成人综合久久精品红 | 免费午夜视频在线观看 | 国产成人精品一区二区三区视频 | 天堂在线资源库 | 成人在线免费看 | 欧洲毛片| 亚洲精品国产精品乱码不97 | 亚洲国产在 | 国产视频一区二区 | 久久夜色精品国产亚洲 | 丁香婷婷亚洲六月综合色 | 欧美日韩一区二区在线 | 深爱婷婷 | 很黄很粗很湿很刺激的视频 | 伊人狠狠干 | 中国一级毛片视频 | 欧美日韩一区,二区,三区,久久精品 | 第四色播日韩AV第一页 | 久久久这里有精品999 | 被摁着灌浓精囚禁高h1v1 | 偷自拍第一页 | 99国产欧美久久精品 | 亚洲精品色 | av电影免费播放 | 9久9久女女免费精品视频在线观看 | 日韩女同一区二区三区 | 欧美在线一区二区三区 | 国产成人18黄网站免费网站 | 欧美亚洲另类视频 | 96精品专区国产在线观看高清 | 五月综合激情婷婷六月色窝 | 成人免费播放视频777777 | 日日天天 | 天天影院成人免费观看 | 自拍亚洲一区 | 日本阿v视频高清在线 | 欧美五月激情 | 日本一区二区三区久久久 |