The China-MENA Economic Corridor will see a significant acceleration in business and investment flows over the next five years, according to HSBC's new report China-MENA and Turkey: Unlocking Growth Opportunities, released at the Bank's China-MENA and Turkey Summit held in Shanghai and Beijing.
The region is witnessing unprecedented economic change and transformation, led by the UAE and Saudi Arabia, and is also witnessing a strong growth momentum driven by a vision to diversify economies and lead the energy transition, which is the right time for Chinese investors and companies to make their way to the region, to seize inbound and outbound investment opportunities. The Bank's long-standing presence in both markets and through its international network covers more than 90 percent of global GDP, trade, and financial flows.
Source (Al Khaleej Newspaper, Edited)
