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MUST-READS

  • Perspective: Saudi Arabia Turns Toward China

    On a recent three-week visit to Saudi Arabia, I met with a dozen senior ministers and royal court advisers as well as ordinary Saudis of long acquaintance. What I found was a kingdom grown confident about its domestic economic reforms and increasingly assertive in its foreign policy—perhaps out of necessity.

  • China, India and Other Developing Nations Seek $1.3 Trillion a Year in Climate Finance

    Most of the world’s developing countries have backed a demand for wealthy nations to channel at least $1.3 trillion in climate finance to them annually starting in 2030, the opening salvo in one of the most contentious negotiating topics at the COP26 climate summit.

  • Saudi Wealth Fund Moves Step Closer to Direct China Stock Deals

    The $450 billion Public Investment Fund has applied for a Qualified Foreign Institutional Investor license in China, according to information published on the website of the country’s top securities regulator. That will give it the ability to directly trade renminbi-denominated stocks, rather than having to go through third parties.

  • China Binges on U.S. Gas to Manage Energy Shortage, Carbon Footprint

    China’s natural gas needs are already huge and growing steadily as it pledges to cut demand for coal and seeks to hit a peak of carbon emissions by 2030. China is likely to overtake Japan this year as the world’s biggest importer of LNG. Natural gas accounted for around 8% of China’s total energy in 2020, up from around 3% in 2009.

  • Is India Abandoning Iran for a Middle Eastern Quad, or Merely Signaling China?

    The talks initially began as a trilateral U.S.-Israel-UAE meeting on October 13 in Washington that focused on the Abraham Accords and Iran’s nuclear program. Another meeting was held virtually five days later, this time with India participating as a fourth member. Although India’s relations with Tehran have been bogged down by the impact of U.S. sanctions and commercial disputes, involving key projects such as the Chabahar Port railway and Farzad-B gas field, India nevertheless views Iran as an important partner.

  • Iran Doubles Down on China to Hedge Against the West

    For Iran’s new president, the acceptance into the Shanghai Cooperation Organization is an important diplomatic achievement as Raisi tries to bolster his image as a statesman and look toward the East for economic and strategic partnerships.

  • China declines to speed emissions cuts in UN pledge ahead of COP26

    The new documents come just days ahead of the UN climate summit (COP26) in Glasgow. China is by far the world's largest greenhouse gas emitter, and its emissions path is key to whether the temperature-limiting goals of the Paris agreement can remain within reach.

  • China’s BRI and Saudi Vision 2030: A Review to Partnership for Sustainability

    This study reviews the comprehensive strategic partnership between Saudi Arabia and China and the interconnection between China’s Belt and Road Initiative (BRI) and Saudi Vision 2030. These connections have significantly improved cooperation in trade, investment, energy and new technology development over the last seven years. Saudi Arabia can further its cooperation with China on the circular carbon economy (CCE) through both bilateral and multilateral frameworks.

  • China’s ‘sinicization’ push leads to removal of mosque domes

    China is removing the domes and minarets from thousands of mosques across the country. Authorities say the domes are evidence of foreign religious influence and are taking down overtly Islamic architecture as part of a push to sinicize historically Muslim ethnic groups — to make them more traditionally Chinese.

  • Saudi Sept oil supplies to China up 2%, Russian volumes down 18%

    Saudi oil arrivals totalled 7.96 million tonnes, or 1.94 million barrels per day (bpd), data from the General Administration of Customs showed. That was up from 1.89 million bpd in September last year, but just below 1.96 million bpd in August.