China-Gulf Oil Cooperation Under the Belt and Road Initiative

China-Gulf Oil Cooperation Under the Belt and Road Initiative PDF Author: Tingting Zhang
Publisher: Springer Nature
ISBN: 9811592837
Category : Political Science
Languages : en
Pages : 247

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Book Description
This book not only discusses how to further deepen the oil cooperation relations between China and the Gulf Council Countries in the context of “the Belt and Road Initiative”, but also investigates how to ensure the security of the entire oil supply chain including oil supply, oil transportation channels, oil demand, and petroleum reserves in China. Further, it examines a novel, win-win oil cooperation between China and the GCC countries, known as joint oil stockpiling. The results presented offer guidance for similar energy cooperation between China and other energy producing countries and also provide a new perspective on how to improve the research on and understanding of China’s energy security issues and multi-lateral energy cooperation issues, making the book of particular interest to engineers and scientists in the field of energy, international relations, and oil stockpiling enterprises.

China-Gulf Oil Cooperation Under the Belt and Road Initiative

China-Gulf Oil Cooperation Under the Belt and Road Initiative PDF Author: Tingting Zhang
Publisher: Springer Nature
ISBN: 9811592837
Category : Political Science
Languages : en
Pages : 247

Get Book Here

Book Description
This book not only discusses how to further deepen the oil cooperation relations between China and the Gulf Council Countries in the context of “the Belt and Road Initiative”, but also investigates how to ensure the security of the entire oil supply chain including oil supply, oil transportation channels, oil demand, and petroleum reserves in China. Further, it examines a novel, win-win oil cooperation between China and the GCC countries, known as joint oil stockpiling. The results presented offer guidance for similar energy cooperation between China and other energy producing countries and also provide a new perspective on how to improve the research on and understanding of China’s energy security issues and multi-lateral energy cooperation issues, making the book of particular interest to engineers and scientists in the field of energy, international relations, and oil stockpiling enterprises.

China and the Persian Gulf

China and the Persian Gulf PDF Author: Dr. Mordechai Chaziza
Publisher: Liverpool University Press
ISBN: 1837646783
Category : Business & Economics
Languages : en
Pages : 271

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Book Description
Since China announced the Belt and Road Initiative (BRI) in 2013, the Gulf States have regarded it as a means for diversifying their national economies in order to reduce dependence on oil revenues and to achieve their national development strategy. The Persian Gulf region has a significant role in the successful implementation of BRI. Emerging strategic, diplomatic and financial partnerships will enable China to control the flow of its exports to world markets. The BRI has five major goals: Policy coordination, facilities connectivity, free trade, financial integration, and people-to-people bonds. Facilities connectivity, which focuses on transportation and energy infrastructure, is the initiatives priority. The integration between the national development plans of Gulf monarchies, the economic reconstruction plans of Iraq and Iran, and the new economic goals of Saudi Arabia, with Chinas Belt and Road vision have converged to bring forward opportunities. The implementation of the new Silk Road strategy will unleash a regional infrastructure boom by connecting China with Asia, Europe, and Africa by land and sea, boosting renminbi internationalization. Nevertheless, there are challenges that could complicate the envisaged bilateral partnerships. Saudi Arabia: The strategic synergy between the BRI and Saudi Vision 2030 has forged a joint economic development path, but external conflicts (Yemen, Iran) could derail plans. Iran: While Tehran has a special geographical status in West Asia, Washingtons decision to withdraw from the Iran nuclear agreement might create Sino-Iranian trade barriers. The UAE: In July 2018 bilateral relations were elevated to a comprehensive strategic partnership. The synergy between the BRI and UAE Vision 2021 is multifaceted trade, energy, infrastructure and logistics, financial services, military ties, tourism and cultural cooperation but very complex. Most of the Gulf States are governed by monarchies, are at the primary stage of industrialization, and are susceptible to US and European influence. The challenges Chinas ascendancy poses for the US, and the inevitable geopolitical fight back, in conjunction with Gulf regional turbulence, mean that the BRI project will face substantive challenges in the years ahead.

China's Belt and Road: A Game Changer?

China's Belt and Road: A Game Changer? PDF Author: Alessia Amighini (a cura di)
Publisher: Edizioni Epoké
ISBN: 8899647631
Category : Political Science
Languages : en
Pages : 110

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Book Description
Officially announced by Xi Jinping in 2013, the Belt and Road Initiative (BRI) has since become the centrepiece of China’s economic diplomacy. It is a commitment to ease bottlenecks to Eurasian trade by improving and building networks of connectivity across Central and Western Asia, where the BRI aims to act as a bond for the projects of regional cooperation and integration already in progress in Southern Asia. But it also reaches out to the Middle East as well as East and North Africa, a truly strategic area where the Belt joins the Road. Europe, the end-point of the New Silk Roads, both by land and by sea, is the ultimate geographic destination and political partner in the BRI. This report provides an in-depth analysis of the BRI, its logic, rationale and implications for international economic and political relations.

China and the Gulf Cooperation Council Countries

China and the Gulf Cooperation Council Countries PDF Author: Muhamad S. Olimat
Publisher: Lexington Books
ISBN: 1498545033
Category : Political Science
Languages : en
Pages : 285

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Book Description
This book examines China’s relations with member states of the Gulf Cooperation Council. It highlights the depth of China’s ties with the region bilaterally and multilaterally on a five-dimensional approach: political relations, trade relations, energy security, security cooperation, and cultural relations. Regarding each of these criteria, the GCC countries enjoy a strategic significance to China’s national security, vital interests, territorial integrity, sovereignty, regime survival, and economic prosperity. China has been an integral part of the political developments on the Arabian Gulf scene since the 1950s. Their bilateral ties have grown steadily since the Economic Reform Era, culminating in strategic partnership two decades later. China and its Arab Gulf partners have embarked on an ambitious economic cooperation that includes joint ventures in oil upstreaming and downstreaming, mammoth highway and railroad projects, construction projects, and above all, strategic security coordination in reference to security threats. Both sides are also engaged in a process of revival of the Silk Road within the Belt and the Road framework. Sino-Gulf bilateral trade relations reached $159,419.20 billion in 2014. The two sides aim to increase it to $600 billion by 2020, a goal within reach given the fact that they are concluding the China-GCC Free Trade Agreement, which will transform their bilateral ties.

China's Relations with the Gulf Monarchies

China's Relations with the Gulf Monarchies PDF Author: Jonathan Fulton
Publisher: Routledge
ISBN: 1351390961
Category : Political Science
Languages : en
Pages : 199

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Book Description
As China’s international political role grows, its relations with states outside of its traditional sphere of interests is evolving. This is certainly the case of the Gulf monarchies of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, which together comprise the Gulf Cooperation Council (GCC). China’s levels of interdependence with these states has increased dramatically in recent years, spanning a wide range of interests. What motivating factors explain the Chinese leadership’s decision to forge closer ties to the GCC? Why have GCC leaders developed closer ties to China, and what kind of role can China be expected to play in the region as levels of interdependence intensify? This book uses neoclassical realism to analyse the evolution of Sino-GCC relations. Examining the pressures that shaped China’s policy toward the Gulf monarchies, it demonstrates that systemic considerations have been predominant since 1949, yet domestic political considerations were also always an important consideration. Relations are examined across diplomatic and political interactions, trade and investment, infrastructure and construction projects, people-to-people exchanges, and military and security cooperation. This book will appeal to scholars in the fields of International Relations and International Political Economy, as well as area specialists on China, the Gulf, the Gulf Monarchies, and those working on foreign policy issues.

China's Presence in the Middle East

China's Presence in the Middle East PDF Author: Anoushiravan Ehteshami
Publisher: Routledge
ISBN: 1351734989
Category : Social Science
Languages : en
Pages : 397

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Book Description
Chinese President Xi Jinping’s “One Belt, One Road” (OBOR) vision, heralded as an attempt to revive the pre-modern Silk Route, is intended to strengthen West Asia’s economic links with China through ambitious infrastructural projects. Central to this are fast-track rail links, funded by the newly-established Asia Infrastructure and Investment Bank (AIIB), which has its headquarters in Beijing. This book explores the implications of OBOR and the AIIB for the Middle East/West Asia, and addresses a number of key strategic questions arising from China’s new initiatives. These include: how far are the strategic imperatives underpinning China’s policies connected to the political dynamics of Xinjiang and the spread of radical Islam in Central Asia? How are Middle Eastern stakeholders’ views of China affected by the new initiatives? How does China’s increasing involvement in the Middle East/West Asia affect other regional powers with ambitions in the region, notably Russia? The book also considers the impact of China’s increasing presence on individual countries, including Saudi Arabia and Israel.

The Dynamics of the Gulf Cooperation Council and the Chinese Aspiration in the Arabian Gulf

The Dynamics of the Gulf Cooperation Council and the Chinese Aspiration in the Arabian Gulf PDF Author: Jasim Ali Eissa Alzaabi
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 106

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Book Description
The GCC countries enjoy deep relations with the west [sic] ,while recently increasingly engaged with China. However, the region could be affected by Sino-American competition as the economic and strategic interests of external powers come into play at a time. Therefore, this confluence will affect the political, economic, and security environment of the Arabian Gulf at both the international and regional levels. China is one of the key participants in the competition for influence in the Arabic Gulf region, that consider as the richest in oil and gas.The bilateral cooperation between China and GCC states has witnessed a remarkable development in recent years, spanning a wide range of interests. This led to delivering the following research questions: What is the dynamic of GCC - CHINA relations? How can the GCC countries play a vital role in the Chinese belt and road initiative (BRI)? How does a geostrategic competition in the Indo-Pacific -BRI will influence the Arabic Gulf region's political, economic, and security? Sino-Gulf relations began in the 1970s and flourished after the establishment of the Gulf Cooperation Council in 1981, where the United Arab Emirates established diplomatic relations with China in 1984, followed by Qatar in 1988, Bahrain in 1989 and Saudi Arabia in 1990. In fact, Saudi Arabia established diplomatic and commercial relations with China in 1939. This relation were short-lived because of the Communist Party's domination of power in China, where the relations between the two countries ceased in 1949 and resumed again in 1990. At present, China is the main investor and business partner of several GCC States, where several agreements have been signed with GCC in concerned of political, economic and security perspectives. Therefore, their bilateral relations are on the rise and interest in trade, technology, and investment cooperation, as well as explore GCC markets. China seeks to revive the Silk road, a trade route that runs through 56 countries and builds a bridge between the three continents. Moreover, the Arabian Gulf is one of the most important areas to execute the Belt and Road Iniative (BRI), although it is not on the official map of the initiative. Government and private companies such as banks and financial institutions have also begun efforts to boost the initiative's position in the Arabian Gulf, especially in the oil sector, while China's energy needs are expected to rise to 14.2 million barrels per day (bpd). The GCC countries could find the opportunity to join a new wave of globalization and explore the new global marketplaces through Belt and Road initiative, because of their status as major energy suppliers. furthermore, [sic] the BRI will encourage GCC to diversify their economic structures and reduce oil dependency as the main source of their economy's prosperity. China has not indicated its desire for a military presence in the Arabic Gulf region as a challenge to US military power, but with its growing regional interests along with the ambitions of the Belt and Road Initiative, makes the stability of the Middle East and the Arabian Gulf region in particularly, a strategic concern for China. The GCC countries recognize the importance of Asia by adopting "Look East" policy in recrystallizing its external relations towards the East as a preferred partner, in particular after 9/11, as well as economic factors. In fact, the repercussions of the 9/11 attacks still plague the political landscape between the GCC and the West. However, the GCC foreign policy has created a regional and international balance, seeking through it to resolve disputes by peaceful means and employ all diplomatic, economic and human capabilities to achieve its national goals. This study aims to understand the nature of the development of Sino-GCC bilateral relations and both party aspirations to achieve their interests, considering regional and international changes.

Chinese Perspectives on the Belt and Road Initiative

Chinese Perspectives on the Belt and Road Initiative PDF Author: Joel Wuthnow
Publisher: Createspace Independent Publishing Platform
ISBN: 9781978092525
Category : China
Languages : en
Pages : 56

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Book Description
One of Chinese president Xi Jinping's signature foreign policy programs is the Belt and Road Initiative (BRI), a web of infrastructure development plans designed to increase Eurasian economic integration. Chinese official rhetoric on the BRI focuses on its economic promise and progress, often in altruistic terms: all countries have been invited to board this "express train" to wealth and prosperity. Missing from the rhetoric is much discussion of the initiative's security dimensions and implications. Chinese officials avoid describing the strategic benefits they think the BRI could produce, while also gliding over major security risks and concerns. Yet at the unofficial level, China's security community has paid close attention to these issues, probing in great depth the gains Beijing can expect, the challenges it will face, and the new demands it will have to satisfy. Understanding those Chinese assessments is helpful as the United States considers how, when, and in what capacity to engage the BRI.

The Chinese Belt and Road Initiative and Its Impact on the GCC Countries

The Chinese Belt and Road Initiative and Its Impact on the GCC Countries PDF Author: Humood Ali Jumaa Al Shehhi
Publisher:
ISBN:
Category : China
Languages : en
Pages : 0

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Book Description
This study sheds the light on the People's Republic of China Belt and Road Initiative(BRI) and its impact on the Gulf Cooperation Council (GCC countries. China's Belt and Road Initiative invokes historic memories of the Silk Road, which facilitated communication, trade andexchanges between civilizations. BRI is one of the largest development projects in the world. Itwould connect more than 68 countries in Asia, Africa, and Europe. BRI has all the necessaryfeatures to change world order and to make China one of the most powerful countries in theworld. In addition, this research seeks to examine the reasons, consequences and context of appearance of Belt and Road Initiative for China and GCC, and I will argue how the initiativewill impact the Gulf Cooperation Council (GCC) countries in both ways.The past, present and the potential future of collaboration between the above-mentionedcountries is analyzed and examined profoundly. The relevant examples to support the point ofview of the author are presented, in addition to solid methodology and literature review of thescholarly sources. Both quantitative and qualitative methods were utilized to investigate researchquestion. The study found out the significant potential of BRI realization for both countries inalmost all the spheres. In particular, the significant growth in bilateral trade and investments are estimated in the nearest future. Finally, I will provide the valuable information concerning themain problems and opportunities of such collaboration for the both countries and explains themeaning of their relations for the international community. A number of useful recommendations in terms of improvement of BRI in context of China and GCC relations are provided. andKey Words: The GCC, the People's Republic of China (PRC), Belt and Road Initiative (BRI).

China's Middle East Diplomacy

China's Middle East Diplomacy PDF Author: Dr. Mordechai Chaziza
Publisher: Liverpool University Press
ISBN: 1782846905
Category : Political Science
Languages : en
Pages : 343

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Book Description
The Peoples Republic of China (PRC) diplomatic engagement with the Middle East spans multiple dimensions, including trade and investment, the energy sector, and military cooperation. Connecting China through the Suez Canal to the Mediterranean and Europe, the Middle East is a unique geostrategic location for Beijing, a critical source of energy resources, and an area of expanding economic ties. The Middle East geographical and political area is subject to different country inclusion interpretations that have changed over time and reflect complex and multifaceted circumstances involving conflict, religion, ethnicity, and language. China considers most Arab League member countries (as well as Israel, Turkey, and Iran) as representing the Middle East. The Ministry of Foreign Affairs and official Chinese publications refer to this region as Xiya beifei (West Asia and North Africa). China sees the Middle East as an intrinsic part of its Belt and Road Initiative (BRI), and has ramped up investment in the region accordingly, focusing on energy (including nuclear power), infrastructure construction, agriculture, and finance. This book uses the BRI as a framework for analyzing ChinaMiddle East relations, with special emphasis on the PRCs strategic partnerships via regional mutual interdependency in various sectors such as energy, infrastructure building, political ties, trade and investment, financial integration, people to people bonding, and defense. A stable Middle East region is vital for Chinas sustainable growth and continued prosperity. As the worlds largest oil consumer with an ambition to expand its economic and political influence, the Middle Easts geostrategic location and holder of most of the worlds known energy resources make it indispensable to the success of the Belt and Road Initiative.