The China-Middle East corridor is emerging as one of the world's fastest-growing trade routes, according to Benjamin Hung, Standard Chartered's President of International. In an interview with CGTN's Michael Wang, Hung highlighted that China has become the largest trading partner of the Gulf Cooperation Council (GCC), underscoring the region's pivotal role in global commerce.
Hung emphasized that China's significant investments are driving infrastructure development across the Middle East, fostering stronger economic ties and creating new opportunities for businesses. This surge in trade and investment is reshaping the economic landscape, positioning the China-Middle East corridor as a critical axis for future growth.
\"As infrastructure projects continue to flourish, we expect the corridor to facilitate increased trade flow, innovation, and sustainable development in the region,\" Hung stated. The strategic collaboration between China and the Middle East is set to play a vital role in the evolving dynamics of international trade and economic partnerships.
Reference(s):
StanChart: China-Middle East among fastest-growing corridors
cgtn.com
