China's Growing Ties with Middle East: Goals and Objectives

Abstract

Objective - This study evaluates China's rapid growth of economic, trade and investment ties with key Middle Eastern countries and its long term economic, geo-political and strategic goals and objectives, as well as opportunities and limitations in the light of the relative decline of US power and influence in the region. Methodology/Technique - A qualitative research methodology is applied in the study and wide range of secondary sources including articles, papers and online resources are used, analyzed and consulted. Data on trade and investment statistics between China and major Middle Eastern countries are also tabulated and used. Findings - The study concludes that economic and trade interests as well as stable and regular oil and gas supply are the primary consideration in this burgeoning relationship. The study also finds that strategic factors like geopolitical locations, large territories with huge natural resources, rising consumer markets and potential areas of military cooperation and arms sales make the Middle East a more lucrative and attractive partner to China. Novelty - The study looks at the relationship between China and the Middle East. Type of Paper - Empirical Keywords: China; Middle East; Trade; Strategic Interests; Gulf Cooperation Council ('GCC'); One Belt One Road ('OBOR').