China’s Economic Ties to the Gulf
Comparisons with EU and US Economic Relations
The policy report examines China's increasing economic engagement with the Gulf Cooperation Council (GCC) countries compared to the EU and the United States. It highlights China's pursuit of energy resources and the GCC's reliance on importing industrial goods, leading to significant trade imbalances. China aims to deepen its ties with the GCC for energy security, while the GCC seeks to diversify its economic partners. The report also explores the foreign direct investments (FDI) of China, the EU, and the US in the GCC and Iran. Overall, the competition for energy imports and exports of goods underscores the global importance of these economic relations and their implications on global stability.