Commentary
The fireworks were flying during the recent China and Gulf Cooperation Council (GCC) summit in Riyadh.
Several high profile business deals were announced between the Chinese Communist Party (CCP) in Beijing and the GCC—traditionally and until recently a strong ally of the United States—that could help shape the landscape of international investments in the future.
On one side we have the Arab states, a collection of oil-rich nations with a large young population and cash to invest; on the other side we have China, a manufacturing powerhouse with an aging population and a desperation for economic diversification and growth….