New Regional Views Sino-Saudi A new Belt & Road stretch

Date: Mar 2019

  • China’s Belt and Road Initiative and Saudi Arabia’s Vision 2030 have begun complementing each other.
  • Saudi Arabia’s Aramco is stepping up its downstream businesses in China, having inked multi-billion dollar deals during Crown Prince Mohammed bin Salman’s visit to China in late February.
  • Saudi Arabia is becoming a key investor in Gwadar Port in Balochistan, Pakistan. Through it and the China-Pakistan Economic Corridor, China would be directly linked to the Indian Ocean and MENA, potentially reducing shipping times by weeks.

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New Country Views

Kuwait:

Toward full EM recognition

  • 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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