In this episode, we’re going to look at what China is doing in the Middle East region and why.     Highlights: 

• "China has become not simply a major player in the Middle East, China is now the major player in the region. China is the number one trading partner and the biggest foreign investor among the oil-rich Gulf nations and as such, China is not only dominating and transforming the region but is securing, along with its alliance with Russia, its own energy needs for the foreseeable future.” 
• “It’s being widely reported that Saudi Arabia and China are in talks to price Saudi Arabia’s oil sales in the yuan, the Chinese currency, rather than in dollars or euros. Similarly, both the UAE and Qatar have been trading with China using the yuan in direct payments, circumventing the US dollar, the default international currency.”

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