Arabs seek coherent Chinese strategy

China’s meteoric rise as a global economic power is a recurrent theme at business forums these days everywhere, and the Gulf region is no exception.

Having been busy for decades in building relations with the West, Arab countries lack strategies in dealing with new world realities in which the US alone no longer holds sway over global trends, analysts say.
Kito de Boer, managing director of McKinsey & Company in the Middle East, believes Arabs are already behind others for the China “deal flow.”

He urged more partnerships with those already doing business with China, like Malaysian investment arm Khazanah and Singapore’s Temasek Holdings.

And the Chinese, he said, should look beyond oil as the Gulf region “has its own strategic imperatives.”

Gulf News