establish diplomatic relations, clearly showing
China’s willingness and capacity to engage
politically in the Middle East. Over the years, the
bilateral trade volume between China and Saudi
Arabia has increased tremendously. Chinese
businesses are engaged in different investment
projects in Saudi Arabia, spanning various sectors
such as petrochemicals, railroads, ports, power
stations, and communications. This initiative is an
essential part of China's real presence in the Middle
East, and it is predicted that it will get significant
political and economic backing in the coming years.
Acknowledgement:
The authors extend their appreciation to the Arab
Open University for funding this work through
research fund no. (AOUKSA-524008).
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WSEAS TRANSACTIONS on BUSINESS and ECONOMICS
DOI: 10.37394/23207.2024.21.110
Farrukh Nawaz Kayani, Khalil Abu Saleem