HomeMiddle EastMiddle Eastern wealth flows to China amid anxiety over US ties.

Middle Eastern wealth flows to China amid anxiety over US ties.

The oil-rich Gulf monarchies are leveraging their wealth to deepen ties with China amid anxiety over the future of their longstanding security partnership with the US.

Seven months after President Xi Jinping participated in the first China-Gulf summit in Riyadh, economic Exchanges between the world’s second-largest economy and nations like Saudi Arabia and the United Arab Emirates have accelerated, going well beyond crude purchases where Beijing has been dominant for years.

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