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Source: https://www.wsj.com/articles/chinese-businesses-look-to-new-frontiers-in-middle-east-abc35d3f
Chinese Businesses Look to New Frontiers in Middle East
(Wall Street Journal) Stephen Kalin - On Sunday, several thousand Chinese businesspeople gathered in Riyadh, Saudi Arabia, for the first Arab-China Business Conference to explore investment opportunities in energy, mining, infrastructure, manufacturing and tech sectors. The Saudis and their smaller Persian Gulf neighbors are trying to bind China closer and, in the process, hedge against their dependence on the U.S. U.S. officials have warned the Saudis and Emiratis that close security relations with China would hurt ties with Washington, but have largely not objected to business dealings.