State-owned Chinese and Emirati businesses have reached multi-billion dollar deals in energy and infrastructure. Credit: ADNOC
In March, the West sounded the alarm over China’s $400 billion deal with Iran, worrying that the United States was losing influence in the region to China. But observers have largely overlooked China’s deepening relationship with the United Arab Emirates.
The United Arab Emirates and China have close ties that reach beyond a mutually beneficial economic relationship. China is the Emirates’ biggest trading partner. Their shared finances include a series of 2018 agreements, as well as a $10 billion investment fund backed by the countries’ state-owned and sovereign wealth funds. The U.A.E. also uses Huawei equipment in its 5G networks, a decision reported on in early 2019 as a break from the United States. There are also a significant number of Chinese ex-patriates living in the Emirates,Exact numbers are elusive, but one official put the number at over 300,000 in 2015. and several Chinese state-owned enterprises (SOEs) have set up offices in the country as a home base for pro
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
What should be done when values like the free-flow of information conflict with equally important values like the rule of law and the protection of personal and property rights? The legal battle over the diaries Li Rui, a former secretary to Mao Zedong, asks that very question.
The South China Morning Post veteran talks about paranoia, Hong Kong's resilience, and why it’s not in Beijing's interest to turn Hong Kong into another Chinese city.
