Xi Jinping's visit to Saudi Arabia is confirmed for Dec 7. While the US is nervous & angry, Middle East will continue to shift towards China/Asia for many reasons.
Even the ads in #FIFAWorldCup at Qatar reveal the difference between USA and China: Budweiser v. Hisense!
Hisense is the world's #2 household appliance company and makes TV, refrigerators, washing machines etc., which are all quite hi-tech now. Other popular Chinese ad: Vivo (smartphones)
Meanwhile, America has ads for beer and junk food (Coca Cola and McDonald's) in Qatar.
China has real skills and lots of money that it invests in pragmatic ways.
Chinese companies build stadiums, solar farms, 5G networks, entire cities and so on.
Arab countries also receive a lot of FDI from China.
#SaudiArabia #Kuwait #UAE #Qatar
Of course, China is the world’s #1 importer of oil and natural gas, making it the Middle East’s best customer.
In the future, Petro-Yuan will be a reality — when OPEC and others will sell oil for Chinese Yuan.
That will also be bad news for the dollar and US hegemony.
In 2016, Xi Jinping visited the Middle East for the first time. And Saudi Prince Salman (MBS) was at the airport to welcome Xi.
Both have long-term and strategic visions -- #BRI is key but not the only item.
Xi Jinping’s visit will also include the first China-Arab Summit. This will be a momentous event since the Chinese gov must have a really big vision and plan.
Not like the Trump-Arab Summit five years ago! 😃
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