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China and the Gulf Cooperation Council Countries

China and the Gulf Cooperation Council Countries
Author: Muhamad S. Olimat
Publisher: Lexington Books
Total Pages: 285
Release: 2016-09-21
Genre: Political Science
ISBN: 1498545033

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This book examines China’s relations with member states of the Gulf Cooperation Council. It highlights the depth of China’s ties with the region bilaterally and multilaterally on a five-dimensional approach: political relations, trade relations, energy security, security cooperation, and cultural relations. Regarding each of these criteria, the GCC countries enjoy a strategic significance to China’s national security, vital interests, territorial integrity, sovereignty, regime survival, and economic prosperity. China has been an integral part of the political developments on the Arabian Gulf scene since the 1950s. Their bilateral ties have grown steadily since the Economic Reform Era, culminating in strategic partnership two decades later. China and its Arab Gulf partners have embarked on an ambitious economic cooperation that includes joint ventures in oil upstreaming and downstreaming, mammoth highway and railroad projects, construction projects, and above all, strategic security coordination in reference to security threats. Both sides are also engaged in a process of revival of the Silk Road within the Belt and the Road framework. Sino-Gulf bilateral trade relations reached $159,419.20 billion in 2014. The two sides aim to increase it to $600 billion by 2020, a goal within reach given the fact that they are concluding the China-GCC Free Trade Agreement, which will transform their bilateral ties.


The Dynamics of the Gulf Cooperation Council and the Chinese Aspiration in the Arabian Gulf

The Dynamics of the Gulf Cooperation Council and the Chinese Aspiration in the Arabian Gulf
Author: Jasim Ali Eissa Alzaabi
Publisher:
Total Pages: 106
Release: 2019
Genre: Dissertations, Academic
ISBN:

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The GCC countries enjoy deep relations with the west [sic] ,while recently increasingly engaged with China. However, the region could be affected by Sino-American competition as the economic and strategic interests of external powers come into play at a time. Therefore, this confluence will affect the political, economic, and security environment of the Arabian Gulf at both the international and regional levels. China is one of the key participants in the competition for influence in the Arabic Gulf region, that consider as the richest in oil and gas.The bilateral cooperation between China and GCC states has witnessed a remarkable development in recent years, spanning a wide range of interests. This led to delivering the following research questions: What is the dynamic of GCC - CHINA relations? How can the GCC countries play a vital role in the Chinese belt and road initiative (BRI)? How does a geostrategic competition in the Indo-Pacific -BRI will influence the Arabic Gulf region's political, economic, and security? Sino-Gulf relations began in the 1970s and flourished after the establishment of the Gulf Cooperation Council in 1981, where the United Arab Emirates established diplomatic relations with China in 1984, followed by Qatar in 1988, Bahrain in 1989 and Saudi Arabia in 1990. In fact, Saudi Arabia established diplomatic and commercial relations with China in 1939. This relation were short-lived because of the Communist Party's domination of power in China, where the relations between the two countries ceased in 1949 and resumed again in 1990. At present, China is the main investor and business partner of several GCC States, where several agreements have been signed with GCC in concerned of political, economic and security perspectives. Therefore, their bilateral relations are on the rise and interest in trade, technology, and investment cooperation, as well as explore GCC markets. China seeks to revive the Silk road, a trade route that runs through 56 countries and builds a bridge between the three continents. Moreover, the Arabian Gulf is one of the most important areas to execute the Belt and Road Iniative (BRI), although it is not on the official map of the initiative. Government and private companies such as banks and financial institutions have also begun efforts to boost the initiative's position in the Arabian Gulf, especially in the oil sector, while China's energy needs are expected to rise to 14.2 million barrels per day (bpd). The GCC countries could find the opportunity to join a new wave of globalization and explore the new global marketplaces through Belt and Road initiative, because of their status as major energy suppliers. furthermore, [sic] the BRI will encourage GCC to diversify their economic structures and reduce oil dependency as the main source of their economy's prosperity. China has not indicated its desire for a military presence in the Arabic Gulf region as a challenge to US military power, but with its growing regional interests along with the ambitions of the Belt and Road Initiative, makes the stability of the Middle East and the Arabian Gulf region in particularly, a strategic concern for China. The GCC countries recognize the importance of Asia by adopting "Look East" policy in recrystallizing its external relations towards the East as a preferred partner, in particular after 9/11, as well as economic factors. In fact, the repercussions of the 9/11 attacks still plague the political landscape between the GCC and the West. However, the GCC foreign policy has created a regional and international balance, seeking through it to resolve disputes by peaceful means and employ all diplomatic, economic and human capabilities to achieve its national goals. This study aims to understand the nature of the development of Sino-GCC bilateral relations and both party aspirations to achieve their interests, considering regional and international changes.


Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa

Strengthening China's and India's Trade and Investment Ties to the Middle East and North Africa
Author:
Publisher: World Bank Publications
Total Pages: 220
Release: 2009
Genre: Africa, North
ISBN: 0821377779

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China and India's spectacular economic rise over the last two decades has accelerated their trade and investment flows with the Middle East and North Africa (MENA), particularly with the oil-producing countries. And while these flows are still small, China and India's presence in the region is on the rise. This report focuses on the following questions: what have been evolution and the impact of MENA's trade and investment relations with China and India? what actions can be taken to maximize the benefits from these relations and to enhance MENA's international integration? The main findings indicate that the region as a whole has benefited from the rise of China and India in terms of better terms of trade, significant increases in oil and gas exports, and cheaper imports. However, producers of industrial goods have been negatively-and in a few cases severely-affected by competition with the two Asian countries in both third and domestic markets. While China and India are investing more in MENA, they are contributing very little to job creation or to the transfer and diffusion of technology. Faster growth in the two Asian countries-and the associated higher demand for energy-will increase revenues from oil and the difficult choices associated with their management. For the labor-abundant, non oil-producing countries, competition with China and India will increase. But the lack of competitive manufacturing industries and services, the insufficient attention given in the past to building technological capabilities and promoting openness and entrepreneurship are constraining their ability to respond to competition. They need to accelerate productivity to tackle unemployment, especially among youth. This may require the broader institutional changes seen in China and India-suggesting the importance of a pragmatic reform agenda that can accelerate productivity, trade, and investment in the region.


China's Relations with the Gulf Monarchies

China's Relations with the Gulf Monarchies
Author: Jonathan Fulton
Publisher: Routledge
Total Pages: 204
Release: 2018-08-06
Genre: Political Science
ISBN: 1351390961

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As China’s international political role grows, its relations with states outside of its traditional sphere of interests is evolving. This is certainly the case of the Arab Gulf monarchies of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, which together comprise the Gulf Cooperation Council (GCC). China’s levels of interdependence with these states has increased dramatically in recent years, spanning a wide range of interests. What motivating factors explain the Chinese leadership’s decision to forge closer ties to the GCC? Why have GCC leaders developed closer ties to China, and what kind of role can China be expected to play in the region as levels of interdependence intensify? This book uses neoclassical realism to analyse the evolution of Sino-GCC relations. Examining the pressures that shaped China’s policy toward the Arab Gulf monarchies, it demonstrates that systemic considerations have been predominant since 1949, yet domestic political considerations were also always an important consideration. Relations are examined across diplomatic and political interactions, trade and investment, infrastructure and construction projects, people-to-people exchanges, and military and security cooperation. This book will appeal to scholars in the fields of International Relations and International Political Economy, as well as area specialists on China, the Persian Gulf, the Arab Gulf Monarchies, and those working on foreign policy issues.


The Chinese Belt and Road Initiative and Its Impact on the GCC Countries

The Chinese Belt and Road Initiative and Its Impact on the GCC Countries
Author: Humood Ali Jumaa Al Shehhi
Publisher:
Total Pages: 0
Release: 2020
Genre: China
ISBN:

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This study sheds the light on the People's Republic of China Belt and Road Initiative(BRI) and its impact on the Gulf Cooperation Council (GCC countries. China's Belt and Road Initiative invokes historic memories of the Silk Road, which facilitated communication, trade andexchanges between civilizations. BRI is one of the largest development projects in the world. Itwould connect more than 68 countries in Asia, Africa, and Europe. BRI has all the necessaryfeatures to change world order and to make China one of the most powerful countries in theworld. In addition, this research seeks to examine the reasons, consequences and context of appearance of Belt and Road Initiative for China and GCC, and I will argue how the initiativewill impact the Gulf Cooperation Council (GCC) countries in both ways.The past, present and the potential future of collaboration between the above-mentionedcountries is analyzed and examined profoundly. The relevant examples to support the point ofview of the author are presented, in addition to solid methodology and literature review of thescholarly sources. Both quantitative and qualitative methods were utilized to investigate researchquestion. The study found out the significant potential of BRI realization for both countries inalmost all the spheres. In particular, the significant growth in bilateral trade and investments are estimated in the nearest future. Finally, I will provide the valuable information concerning themain problems and opportunities of such collaboration for the both countries and explains themeaning of their relations for the international community. A number of useful recommendations in terms of improvement of BRI in context of China and GCC relations are provided. andKey Words: The GCC, the People's Republic of China (PRC), Belt and Road Initiative (BRI).


The Gulf Cooperation Council at Forty

The Gulf Cooperation Council at Forty
Author: Tarik M. Yousef
Publisher: Brookings Institution Press
Total Pages: 312
Release: 2023-02-22
Genre: Political Science
ISBN: 0815739540

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All of the GCC countries—Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates—are undergoing historic socio-economic transitions. They are facing enormous strains on public finances and challenging economic outlooks, due to fluctuating oil prices, demographic pressures, high unemployment rates, and a lack of economic diversification. These countries also are likely to feel the rising impact of climate change, and global policies to deal with it, over the coming decades. In addition, seemingly unstoppable shifts in the long-standing international order, notably the rise of China and uncertainties about U.S. leadership, have potentially serious implications for the Middle East and beyond. This by noted scholars and experts considers the key trends shaping Gulf Cooperation Council (GCC) countries--Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirate-- ranging from the COVID-19 pandemic, to climate change, economic disruptions, demographics and other domestic concerns, and shifts in the global order. The book’s chapters address such questions as: How will global megatrends impact the GCC? How can GCC states adjust and diversify their economies to meet the dual challenges of fluctuating oil prices and climate change? How can these states adjust their labor markets to absorb and support women and youth? How will inter GCC disagreements impact the region moving forward? And how will GCC relations with international actors shift in the coming years? This timely book, with its comprehensive analyses and policy recommendations, will be of interest to a wide range of readers interested in the GCC region, including policymakers, academics, and researchers at think tanks and nongovernmental organizations.


Routledge Handbook on China - Middle East Relations

Routledge Handbook on China - Middle East Relations
Author: Jonathan Fulton
Publisher: Routledge
Total Pages: 424
Release: 2021-12-31
Genre: China
ISBN: 9780367472702

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This handbook brings together a mix of established and emerging international scholars to provide valuable analytical insights as to how China's growing Middle East presence affects intra-regional development, trade, security, and diplomacy. As the largest extra-regional economic actor in the Middle East, China is the biggest source of foreign direct investment into the region and the largest trading partner for most Middle Eastern states. This portends a larger role in political and security affairs, as the value of Chinese assets combined with a growing expatriate population in the region demand a more proactive role in contributing to regional order. Exploring the effect of these developments, the expert contributors also consider the reverberations in great power politics, as the U.S.A., Russia, India, Japan, and the European Union also have considerable interests in the region. The book is divided into four sections: - historical and policy context - state and regional case studies - trade and development - international relations, security and diplomacy This volume is an essential reference for scholars and policy makers in the fields of international relations, political sociology, international political economy, and foreign policy analysis. Area studies specialists in Middle Eastern Studies, China Studies, and East Asian Studies will also find it an invaluable resource.


Growth in Economic Relations of China and India with the GCC Countries

Growth in Economic Relations of China and India with the GCC Countries
Author: Nader Habibi
Publisher:
Total Pages: 0
Release: 2014
Genre:
ISBN:

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The oil-rich Arab countries of the Gulf Cooperation Council (GCC) have rapidly expanded their economic relations with Asian countries recently, particularly China and India. The main reason behind this development is that the regions complement each other in several dimensions. China and India are the fastest-growing, oil-consuming nations in the world, while GCC countries have the largest proven deposits of oil and gas. The GCC is interested in China and India as reliable oil customers over the long-run and the latter look at the GCC as reliable suppliers of oil and gas. The two regions are also attracted to each other because both are enjoying strong economic growth and offer many investment opportunities to the other. It is expected that GCC economic relations with China and India will grow stronger in the coming decades and serve as a good example of South-South economic cooperation for other developing countries.


The Arab States of the Gulf and BRICS

The Arab States of the Gulf and BRICS
Author: Tim Niblock
Publisher:
Total Pages: 0
Release: 2016
Genre: BRIC countries
ISBN: 9783959940085

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How the Gulf Cooperation Council (GCC) relates to BRICS (Brazil, Russia, India, China, and South Africa) is, in the light of the growing strength and importance of this organisation and the countries which comprise it, of critical importance. The GCC countries have fast-growing economies, and they share some of the attributes and concerns of BRICS countries. The issue is not simply how the GCC countries handle their relations with the individual BRICS countries, but more importantly how they relate to an alternative structure of coordination and perhaps power in the global order. Their established links and alliances may no longer be enough to satisfy either their economic needs or their security concerns. The objective of this book is to examine the commonalities and the differences in economic and political interest between the BRICS countries and the GCC countries, so as to assess the potential for cooperation and collective action. Whether the GCC could itself become a part of BRICS is also worth consideration. While the focus is on the GCC, the GCC's relations with BRICS countries have been, and will continue to be, closely affected by the wider Gulf dimension--the state of their relations with Iran and Iraq, and the manner in which BRICS countries relate to those two countries.


The Gulf Cooperation Council

The Gulf Cooperation Council
Author: Linda Low
Publisher: Institute of Southeast Asian Studies
Total Pages: 71
Release: 2011
Genre: Business & Economics
ISBN: 9814311405

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The Gulf Cooperation Council (GCC) is comprised of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates. Possessing a significant share of the world's oil and gas reserves and including some of the world's fastest growing economies, the GCC is a significant regional grouping. As with the Association of Southeast Asian Nations (ASEAN), the Council has made significant progress towards economic integration. Seeking to draw out lessons applicable to ASEAN, this report looks at the structure and evolution of the GCC. This includes the context within which the Council was established, its rationale, and economic importance. It then follows the organization's development over time, paying particular importance to its progress from Customs Union and Common Market towards Monetary Union. The report then sets out the key challenges ahead for the Council, and concludes by highlighting the structural, organizational, and political lessons that resonate with ASEAN and its membership.