Massoud A. Derhally reveals why after decades of ignorance, China is now targeting the Middle East for investment.

DUBAI (ITP Business) -- The Chinese are the coming, the Chinese are coming! Much like the buzz about Japanese multinationals changing the dynamics of business in the 1970s and 1980s, unparalleled growth of 10% year on year for the past ten years in China has caused Beijing to look overseas. It is searching for investment as it transforms from a centrally planned economy to a market system.

For the Arab world, globalisation and the evolutionary changes of the communist superpower have essentially...

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Posted by rjorr at April 30, 2006 7:59 PM