{"title":"Will China Replace America in the Gulf Region? Saudi Chinese Relations and Potential Obstacles","authors":"Hussain Abdul-Hussain","doi":"10.1080/10599231.2023.2259253","DOIUrl":null,"url":null,"abstract":"AbstractChina seems to be replacing America as the powerbroker in the Middle East and the Gulf region while U.S.-ally Saudi Arabia seems to be switching sides. But while Riyadh prefers a non-liberal world order, such as the one China promises, Saudi economic interests remain aligned with America and the West, especially with signs indicating that China’s economy, and therefore power, have peaked, and are unlikely to replace America’s. Saudi Arabia’s bilateral trade and investments with China might suggest that relations between the two sides are deepening, but a closer look shows that such ties remain transactional, and therefore non-durable.Keywords: Saudi ArabiaChinaEconomicsBelt and RoadVIsion 2030 America Disclosure statementNo potential conflict of interest was reported by the author(s).Notes1. https://www.gcc-sg.org/ar-sa/MediaCenter/NewsCooperation/News/Pages/news2022-12-9-4.aspx2. https://www.reuters.com/world/saudi-arabia-gathers-chinas-xi-with-arab-leaders-new-era-ties-2022-12-09/3. https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/chinese-yuan-on-slow-path-to-globalization-due-to-capital-account-controls-764849224. https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/chinese-yuan-on-slow-path-to-globalization-due-to-capital-account-controls-764849225. https://www.reuters.com/markets/europe/surging-dollar-tests-chinas-capital-controls-cash-flees-2022-10-17/6. https://www.transparency.org/en/countries/iraq7. https://thediplomat.com/2023/03/chinas-expanding-influence-in-iraq/8. https://asia.nikkei.com/Economy/China-sees-first-net-capital-outflow-in-more-than-2-years9. https://www.economist.com/finance-and-economics/2023/07/27/deflation-is-curbing-chinas-economic-rise10. https://jewishinsider.com/2023/03/centcom-china-iran-middle-east-u-s-gen-michael-erik-kurilla-saudi-arabia/11. http://www.ensafnews.com/398289/بهشتی-پور-روابط-ایران-و-چین-استراتژیک-ن/12. https://greenfdc.org/countries-of-the-belt-and-road-initiative-bri/13. https://www.iraqoilreport.com/news/iraq-and-china-to-sign-massive-financing-deal-38041/14. https://www.france24.com/en/live-news/20220822-china-cements-influence-in-iraq-through-oil-infrastructure-deals15. https://www.asiainvestmentresearch.org/news/alleged-china-iraq-belt-and-road-initiative-investments-did-not-happen16. https://projects.voanews.com/china/global-footprint/english/projects/education/questions-arise-as-china-constructs-thousands-of-schools-in-iraq.html17. https://baghdadtoday.news/214195-تحقيق-مدارس-الاتفاقية-الصينية-يتخللها-فساد-عبر-العقود-الفرعية.html18. http://en.people.cn/n3/2023/0420/c90000–20008535.html19. https://www.akhbaralaan.net/news/exclusive/2023/07/11/مدراس-الصين-في-العراق-آيلة-للسقوط-والمقاولون-المحليون-يطالبون-بمستحقاتهم-المتأخرة20. https://www.reuters.com/business/energy/chinas-sinopec-wins-contract-develop-mansuriya-gas-field-oil-ministry-2021-04-20/21. https://www.iraqoilreport.com/news/mansuriya-deal-collapsing-after-sinopec-requests-contract-overhaul-45495/22. https://theedgemalaysia.com/node/66694223. https://thechinaproject.com/2023/07/25/china-and-kuwait-vow-to-deepen-relations/24. https://agsiw.org/major-initiatives-fuel-riyadhs-development-ambitions/25. https://www.eurasiantimes.com/china-flies-its-bullet-train-in-arabian-deserts-as-beijing/26. http://www.xinhuanet.com/english/2018–07/09/c_137312287.htm27. https://www.reuters.com/business/energy/saudi-arabia-kuwait-reaffirm-rights-natural-resources-durra-gas-field-saudi-2023-08-02/28. https://www.arabnews.com/node/2360646/business-economy29. https://www.scmp.com/comment/opinion/article/3218184/how-brics-nations-are-leading-push-free-global-south-wests-financial-system","PeriodicalId":15043,"journal":{"name":"Journal of Asia-Pacific Business","volume":"160 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Asia-Pacific Business","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/10599231.2023.2259253","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Business, Management and Accounting","Score":null,"Total":0}
引用次数: 0
Abstract
AbstractChina seems to be replacing America as the powerbroker in the Middle East and the Gulf region while U.S.-ally Saudi Arabia seems to be switching sides. But while Riyadh prefers a non-liberal world order, such as the one China promises, Saudi economic interests remain aligned with America and the West, especially with signs indicating that China’s economy, and therefore power, have peaked, and are unlikely to replace America’s. Saudi Arabia’s bilateral trade and investments with China might suggest that relations between the two sides are deepening, but a closer look shows that such ties remain transactional, and therefore non-durable.Keywords: Saudi ArabiaChinaEconomicsBelt and RoadVIsion 2030 America Disclosure statementNo potential conflict of interest was reported by the author(s).Notes1. https://www.gcc-sg.org/ar-sa/MediaCenter/NewsCooperation/News/Pages/news2022-12-9-4.aspx2. https://www.reuters.com/world/saudi-arabia-gathers-chinas-xi-with-arab-leaders-new-era-ties-2022-12-09/3. https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/chinese-yuan-on-slow-path-to-globalization-due-to-capital-account-controls-764849224. https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/chinese-yuan-on-slow-path-to-globalization-due-to-capital-account-controls-764849225. https://www.reuters.com/markets/europe/surging-dollar-tests-chinas-capital-controls-cash-flees-2022-10-17/6. https://www.transparency.org/en/countries/iraq7. https://thediplomat.com/2023/03/chinas-expanding-influence-in-iraq/8. https://asia.nikkei.com/Economy/China-sees-first-net-capital-outflow-in-more-than-2-years9. https://www.economist.com/finance-and-economics/2023/07/27/deflation-is-curbing-chinas-economic-rise10. https://jewishinsider.com/2023/03/centcom-china-iran-middle-east-u-s-gen-michael-erik-kurilla-saudi-arabia/11. http://www.ensafnews.com/398289/بهشتی-پور-روابط-ایران-و-چین-استراتژیک-ن/12. https://greenfdc.org/countries-of-the-belt-and-road-initiative-bri/13. https://www.iraqoilreport.com/news/iraq-and-china-to-sign-massive-financing-deal-38041/14. https://www.france24.com/en/live-news/20220822-china-cements-influence-in-iraq-through-oil-infrastructure-deals15. https://www.asiainvestmentresearch.org/news/alleged-china-iraq-belt-and-road-initiative-investments-did-not-happen16. https://projects.voanews.com/china/global-footprint/english/projects/education/questions-arise-as-china-constructs-thousands-of-schools-in-iraq.html17. https://baghdadtoday.news/214195-تحقيق-مدارس-الاتفاقية-الصينية-يتخللها-فساد-عبر-العقود-الفرعية.html18. http://en.people.cn/n3/2023/0420/c90000–20008535.html19. https://www.akhbaralaan.net/news/exclusive/2023/07/11/مدراس-الصين-في-العراق-آيلة-للسقوط-والمقاولون-المحليون-يطالبون-بمستحقاتهم-المتأخرة20. https://www.reuters.com/business/energy/chinas-sinopec-wins-contract-develop-mansuriya-gas-field-oil-ministry-2021-04-20/21. https://www.iraqoilreport.com/news/mansuriya-deal-collapsing-after-sinopec-requests-contract-overhaul-45495/22. https://theedgemalaysia.com/node/66694223. https://thechinaproject.com/2023/07/25/china-and-kuwait-vow-to-deepen-relations/24. https://agsiw.org/major-initiatives-fuel-riyadhs-development-ambitions/25. https://www.eurasiantimes.com/china-flies-its-bullet-train-in-arabian-deserts-as-beijing/26. http://www.xinhuanet.com/english/2018–07/09/c_137312287.htm27. https://www.reuters.com/business/energy/saudi-arabia-kuwait-reaffirm-rights-natural-resources-durra-gas-field-saudi-2023-08-02/28. https://www.arabnews.com/node/2360646/business-economy29. https://www.scmp.com/comment/opinion/article/3218184/how-brics-nations-are-leading-push-free-global-south-wests-financial-system
期刊介绍:
Present circumstances underscore the need to improve the understanding of conducting business with and within the Asia-Pacific countries. The Journal of Asia-Pacific Business™ provides a blend of cutting-edge knowledge and practical applications on business management and marketing strategy. In the Journal of Asia-Pacific Business™, you will find articles and feature sections that provide a pragmatic view of the business environment in this dynamic region. This essential resource offers readers a good blend of descriptive, conceptual, and theoretical articles dealing with current topics.