Study on the Opportunities and Challenges of Chinese Energy Investment in the Middle East

Abstract

The Middle East is an energy rich region and an important strategic position. At present the Middle East has been undergoing a radical political and social transformation since the Middle East Upheaval, Great powers focus on this region. The Middle East economies are highly complementary to Chinese economy. As the rapid growth of energy demand power, Chinese energy investment in Middle East is growing. It is necessary for China to increase trade and investment in the Middle East, to promote economic integration and common prosperity. This paper will analyze the opportunities of Chinese energy investment in the Middle East from the view of the growth of Chinese global trade and investment, RMB internationalization strategy, the traditional friendship between China and the Middle East and so on. Meanwhile this paper will also study severe challenges of Chinese energy investment in the Middle East, such as religious conflict, the Iran nuclear issue, cultural difference, and try to provide countermeasures on basis of the analysis of multiple influence factors of construction the economic corridor in the world, in order to eliminate the barriers to energy investment, to strengthen the currency in circulation and to realize mutual benefit and win-win cooperation.