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Significance
The Middle East has long been polarised between US allies and enemies, while Beijing has historically retained a comparatively smaller footprint and rejected taking sides in regional political and security disputes. However, its economic interests are increasing.
Impacts
The United States will maintain a comparative advantage from its long history of political, military and economic cooperation in the region.
Beijing could leverage its control over large industrial conglomerates in key sectors such as energy, infrastructure and biotechnology.
The Belt and Road Initiative will be an attractive project for all Middle Eastern countries, maximising their geographical advantages.
Keywords:
Middle East,
ME/NAF,
China,
United States,
Gulf states,
Iran,
Iraq,
Israel,
Lebanon,
Syria,
economy,
industry,
international relations,
foreign investment,
foreign policy,
foreign trade,
sanctions
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2021
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