China has stepped up its engagement in the Middle East over the past decade as the Asian giant seeks to safeguard and diversify crucial energy and commodities needed for long-term economic growth. From developing some of the world’s biggest oilfields in Iraq to constructing a large-scale refinery in Saudi Arabia, Chinese companies are broadening their footprint across the region, channelling billions of US dollars into sectors such as energy and commodities.
Posted on: Thu, 28 Aug 2014 07:53:25 +0000
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