Viewpoint

11.07.23

China-Saudi RMB Settlement Will Insulate the Oil Trade from U.S. Sanctions

Christopher Vassallo
In recent years, Beijing has made efforts to facilitate the settlement of China-Saudi oil trade in renminbi (RMB) rather than in U.S. dollars, a move that would steel China’s trade from financial sanctions and disrupt the global market for oil.

Chinese Surveillance Expands to Muslims Making Mecca Pilgrimage

Eva Dou
Wall Street Journal
The state-run China Islamic Association published photos of Chinese Muslims at the Beijing airport departing for Mecca in Saudi Arabia in recent days wearing customized “smart cards” on blue lanyards around their necks. The devices, which include a...

In Saudi Crown Prince’s Crackdown, Echoes of Xi’s China

Keith Zhai and David Tweed
Bloomberg
If Saudi Crown Prince Mohammed bin Salman’s bid to speed economic reforms by rounding up rivals in graft raids sounds familiar, that’s because China has been doing it for years.

China’s Big Play for Middle East Oil

Bloomberg
China’s Middle East energy footprint has been expanding. In February, it made a deal for a stake in Abu Dhabi’s onshore oil. In March, Saudi Arabia’s King Salman bin Abdulaziz travelled to China to strengthen trade ties, and now a Chinese consortium...

China Spends Billions in Egypt to Woo the Middle East

Eric Olander, Cobus van Staden & more
Saudi King Salman bin Abdulaziz’s recent state visit to Beijing is the latest evidence that China is maneuvering to play a bigger role in the Middle East and Persian Gulf. The two countries reportedly signed deals worth upwards of $65 billion during...

China’s Risky Power Play in the Arab World

Eric Olander, Cobus van Staden & more
International Relations Professor Zaynab El Bernoussi from Al Akhawayn University in Ifrane, Morocco, joins Eric and Cobus this week to discuss her recent column on China’s growing influence in the Middle East and North Africa. Professor El...

China Stands to Gain from OPEC Deal

Brian Spegele
Wall Street Journal
Output agreement could boost the country’s oil industry and reduce its reliance on Saudi crude

China’s Risky Gamble to Become a Major Player in the Middle East and North Africa

Eric Olander, Cobus van Staden & more
Chinese president Xi Jinping’s three-country tour of the Middle East and North Africa offers yet another example of Beijing’s expanding drive for increased global influence. During his first visit to the region, Xi traveled to Saudi Arabia, Egypt,...

Caixin Media

04.28.15

Saudi Aramco’s Al-Falih on China Collaboration

Saudi Arabian Oil Company President and CEO Khalid A. Al-Falih has seen global oil prices rise and fall through at least six market cycles during his more than 30 years with the world’s largest crude producer and exporter.Al-Falih, 55, joined the...