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  • Why China’s Putting All Its Oil Pipes in One Company

    Chinese President Xi Jinping has a plan to help meet the country’s growing energy needs and clear its dirty air: Spin off the tens of thousands of miles of pipelines held by three state-owned oil and gas giants and merge them into one new company. After multiple delays, the company’s launch was officially announced in December. The resulting firm, China Oil & Gas Pipeline Group Co., will aim to attract private investors to help expand the $70 billion network and diversify energy supply. Such an overhaul would radically reshape China’s energy sector, although it still leaves control in a single pair of hands.

  • Oman’s Bittersweet Economic Relations With China

    Oman’s precarious reliance on energy exports to China and insufficient Chinese investment in non-oil segments of the Omani economy leave the sultanate in a weak position to address urgent economic challenges.

  • Has Trump Driven China and Iran Together?

    Recent reports that Iran and China are pursuing a long-term, economic and security partnership have set off alarm bells in the Trump administration, and rightly so. According to Iranian officials, the deal would vastly expand Chinese investments in banking, telecommunications, ports, railways, and dozens of other projects in exchange for Tehran supplying Beijing with discounted oil for the next 25 years. The deal would also potentially include joint military training, exercises, counter-terrorism cooperation, intelligence sharing, and arms transfers to Iran.

  • China’s central bank chief urges IMF to open cash floodgate to fight pandemic

    China’s top central banker has urged the International Monetary Fund (IMF) to issue hundreds of billions of dollars of liquidity to its 189 member countries through a general allocation of Special Drawing Rights (SDRs) despite U.S. objections.

  • Commentary: China and Iran negotiate major accord in face of Trump’s maximum pressure

    An outline of the accord’s details surfaced in an 18-page leaked document online, whose provenance is unclear though it roughly aligns with mooted plans previously announced by the Iranian government. According to the New York Times, a version of the document dated in June that its reporters obtained is a draft of a pending agreement with China.

  • China’s Gulf Partnerships Likely to Weather Current Global Crises

    The complementary nature of China’s Belt and Road Initiative and Gulf “vision” development programs has established another pillar of China-Gulf cooperation.

  • Iran Promises To Publish Details Of Pact With China As Negative Reactions Grow

    Iran's Deputy Foreign Minister Gholamreza Ansari has promised to publish the details of a controversial pact with China, amid a strong public outcry against concessions to Beijing. The promise that was made on national TV Thursday night, came after massive negative reactions by the Iranian public and social media users to the idea of the pact that has been described as "the country's sell out for 25 years."

  • India, China Begin Pulling Back Troops from Disputed Border

    In the first sign that India and China are deescalating tensions along their disputed border, both sides have agreed to a “disengagement process” and pulled back troops from the site of a clash that killed 20 Indian soldiers in mid June. However analysts warn that resolving differences that have flared at different contested zones in the Himalayan ranges still pose a massive challenge and even though the eyeball-to-eyeball confrontation between their troops may end, the massive military deployment by the Asian rivals could continue.

  • Middle East to see further China interest as BRI expands: Savills

    In 2019, the UAE was the largest FDI recipient in the sub-region, with an influx of almost $14bn, growing by a third from the previous year. This was largely due to major investment deals in oil and gas, primarily in Abu Dhabi.

  • Iran insists potential deal with China ‘not secret’

    “With confidence and conviction, we are negotiating a 25-year strategic accord with China,” Iran’s top trading partner, Mohammad Javad Zarif said. During the session, Zarif was heckled by lawmakers, largely over his key role in negotiating a 2015 nuclear deal with world powers, which the US unilaterally abandoned in 2018 as a prelude to reimposing biting sanctions.