Скачать или смотреть China Surpasses US, UK & EU as Gulf's Top Trading Partner: What It Means for the Global Economy

A groundbreaking report by UK think tank Asia House reveals that China has overtaken the United States, Britain, and the Eurozone combined to become the Gulf region's largest trading partner. In 2024, China's trade with the six Gulf countries reached a staggering $257 billion, narrowly surpassing the combined trade with major Western economies. This shift marks a significant pivot in global trade dynamics, with Asia House projecting Gulf-China trade to climb to $375 billion by 2028. The report highlights the growing non-oil trade between China and Gulf nations, particularly the UAE and Saudi Arabia, which account for a substantial portion of China's trade with the bloc. This video explores the implications of this development for the global economy, the future of Gulf-China relations, and the potential impact on Western economies. We delve into the key sectors driving this growth, including renewables, construction, and technology, and discuss what this means for businesses, investors, and policymakers worldwide.