A cargo ship navigates to the hormuz strait from the Khasab coast in Oman on January 15, 2011.
Marwan Naamani | AFP | Getty images
Beijing: The recent outbreak in Middle East tensions is not abolishing the optimism of Chinese businesses on opportunities in the region.
Chinese shipments to the Dubai Logistics Center increased 20% this month for a year, since the premises are supplied with daily batteries and needs, agreed to the estimates of Bear Huo, general manager of China in Small Chin’s Money.
“In general, Chinese merchants are relatively optimistic,” said Mandarin on Monday, according to a translation of CNBC. That is partly due to the promotion relatively recently from the Middle East as a rapid market, he added.
Chinese companies have increasingly resorted to the region in recent years, either to raise money from local investors or to take advantage of a new market for electric cars, amid commercial tensions with the United States. In the geopolitical front, Beijing helped Riyadh and Tehran restore diplomatic relations in 2023.
Huo’s opinion is that Iran-Israel’s tensions will end relatively soon, since even the strikes of the United States have attacked specific strategic sites, and the struggles do not extend along a border as in the prolonged Bethal Russia and Ukraine.
However, never, the risks remain high since the port of Dubai is just through the hormuz narrow from Iran.
The ships move more slowly and there are less flights, said Huo. He said he does not know where the products of Chinese sellers go after they arrive in Dubai, and added that the company does not deal with Iran due to the sanctions.
The Chinese Ministry of Foreign Affairs said that “strongly condemns” the attacks of the United States against Iran during the weekend, while asking all the parties involved to “reach a high fire as soon as possible.”
China’s trade with Iran has decreased sharply in the last two years, according to the customs data that is accessed through wind information. The raw exporter sanctioned by the United States has been based significantly on Beijing’s purchases.
“A more stable Middle East serves the economic and strategic interests of China,” said Beijing’s main economist for China in the Economist Intelligence Unit.
“Beijing will be interested in positioning itself as a constructive power capable or contributing to global stability,” he said. He pointed out that Chinese companies will probably interact cautiously with Iran, Conerns dice on possible secondary sanctions.
The State news station CCTV issued interviews on Sunday of Chinese citizens grateful for Beijing’s efforts to evacuate them from Iran.
While there are strict warnings about US citizens who travel to Iran, Chinese citizens have been able to visit Iran without a visa for three weeks, for tourism or business. The majority of Chinese citizens who were in Iran have been evacuated, the Chinese embassy in Iran said Monday.
In an equal optimistic note, if the last escalation results in a relaxation of the sanctions of the United States against Iran, tens of thousands of Chinese companies would like to hurry the country of the Middle East to build their tourism, Sapijtas and base based based on based and disorder and disorder and fun basdate Andeldemin Gang, consulting that translates the cultural industry and the cultural song.
He said he visited five cities in Iran in 2013 at the invitation of Mahan Air, an Iranian airline of the private sector.