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Tuesday, May 1, 2012

''What the great economy of China means for MENA''

From Arabian Business

''Speaking at the HSBC Global Connections — China MENA Forum last week, which focused on MENA links with China, the UAE’s minister for higher education and scientific research HE Sheikh Nahyan Mubarak Al Nahyan said ties between China and the Middle East were becoming ever more important.


“China has got what we need, and we have what China needs,” he said, addressing delegates. “China needs oil to support its economic growth, and the Middle East needs Chinese markets for its products and investment. As China develops industries such as aerospace, power generation and automobiles, MENA countries will also need these products.''

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