What the US-China economic rivalry means for the Middle East: Business Extra
The world’s second-biggest economy is on track to overtake the US by 2028
China is expected to overtake the US to become the world’s biggest economy in 2028, five years earlier than anticipated, as it recovers faster from the pandemic, according to the Centre for Economics and Business Research.
But what does it mean for the Middle East?
This week, co-hosts Mustafa Alrawi and Kelsey Warner examine the complicated power dynamic between the world’s two biggest economies, from trade and technology to energy and finance, and how it affects the region.
- Markets welcome NYSE’s decision to reverse delisting Chinese telecoms firms
- Iraq confirms $2bn oil prepayment agreement with Chinese firm
- EU and China risk Washington reaction with new investment pact
- Tesla to deliver China-made Model Y SUVs this month
- Trump signs order prohibiting US investments in Chinese-linked firms
- Opinion: China will become the largest economy in a very different world
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Updated: January 6, 2021 08:45 AM