You are here

China's 'New Silk Road' plan offers investment opportunities in Mid-East

Underpinning this development is the yuan, increasingly used to fund international trade and investment, as well as featuring as a reserve currency among some central banks.

BT_20150612_DHCHINA_1716436.jpg
GCC states are trading more than ever with nations situated along the Belt and Road, and the adoption of the yuan by GCC businesses is increasingly playing a role in creating trade and investments opportunities.

MUCH has been written about the opportunities associated with China's economic transformation. This is seeing the nation's economy move from being a provider of low-value industrial products to a supplier of higher-value goods and services. With this change taking place at breakneck speed, and...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes