China has not historically been considered one of the Middle East’s main trading partners. Previously self sufficient in crude oil, Chinese firms largely overlooked the region as the country enjoyed a sustained economic boom that has stretched from 1980 until the present. Yet growing hydrocarbon consumption and the desire to seek out new markets for its manufactured goods has seen China become more involved economically in the region and a new business relationship is now on the verge of taking off.
In this month’s edition of the magazine, Neil Ford analyses this new opportunity for economic development in the region.
To view the article which appears in the January 2014 edition of the Middle East Magazine. To view the full copy, please subscribe by clicking HERE.