Belt & Road - Diversification sets stage for trade spurt - Sino-Saudi Part II

Date: Mar 2019

New Regional Views Part II

Sino-Saudi:

Diversification sets stage for trade spurt

  • Sino-Saudi relations span many different areas of cooperation, but energy is still the most significant.
  • We expect Sino-Saudi trade to reach a new peak of USD 74.5B in 2019, going on to USD 80B in 2020 at a 10-year annual average growth rate of 8%.
  • This is due to trade extending beyond crude to a diversified basket of commodities ranging from shrimp exports from Saudi Arabia to machinery imports from China.

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New Regional Views - Part I

Sino-Saudi:

A new Belt & Road stretch

  • How far is Kuwait from full emerging market recognition and what steps has it taken in this regard?
  • What initiatives is the Central Bank of Kuwait undertaking to push ahead with revamping the tech infrastructure of Kuwait’s financial systems?
  • What role will China play in making Kuwait’s Silk City project a model for states involved in Beijing’s land and sea Belt and Road Initiative?

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