From The New York Times:
Lured by the world’s largest oil reserves and some markets considered too risky by Western companies, China is quickly becoming a major economic player in the Persian Gulf, making deals in transportation and technology, showcasing its consumer goods and shoring up agreements to meet its enormous energy needs.
“The current state of business ties between China and the gulf states is definitely growing, with an interest from both sides to expand ties,” said Christian Koch, program director at the Gulf Research Center, an independent institute based in the United Arab Emirates. “Oil is certainly the most central aspect to the relations, but ties should not be seen exclusively through that prism.”
