Saturday, May 10, 2014

Arab uprisings bring opportunities to China

By Kamilia Lahrichi

Your Middle East - August 14, 2013

Despite profound geopolitical changes in the Arab world, the Sino-Arab trade has been on a fast track of growth. In fact, the revolutions in the Middle East and North Africa (MENA) have provided vast economic opportunities to the world's second biggest economy.
“Supply chains may be more unstable and risk management for Arab investments may be more important than ever, but I can't see how the uprisings would seriously threaten China's economic interest in the MidEast... yet,” explains Professor Sara Jordan from Hong Kong University.

Unlike many Western nations, China has a proven track of record in doing business in risky environments. Beijing does not dodge African countries deemed pariah by the international community.

“Big risks, big rewards; Small risks, small rewards,” says Edwin E. Hitti, President of the Arab Chamber of Commerce and Industry in Hong Kong, quoting a Chinese official.

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