The Chinese and the Saudi New Energy Models Transcending into Regional Energy Cooperation
Anna Visvizi, Miltiadis Lytras and Wadee Alhalabi (eds.), THE NEW SILK ROAD LEADS THROUGH THE ARAB PENINSULA: MASTERING GLOBAL BUSINESS AND INNOVATION, (Emerald Publishing, Forthcoming).
22 Pages Posted: 30 Aug 2018
Date Written: August 21, 2018
The case study demonstrates that China and the Kingdom of Saudi Arabia's energy transformation strategies share many similarities and enjoy a great degree of complementarity. This complementarity is not limited to the territory of the two nations, but has become a successful vehicle for joint Sino-KSA investments in the Arab peninsula as well as in the Middle East and North Africa. Leading to a new paradigm that runs along the lines of China’s staggering Belt and Road Initiative, the convergence of policies represents a new reality due to its potentiality to influence not only the energy sectors of the largest Arab’s economy and world’s most powerful one, but also over their regional partners.
Keywords: Belt and Road, China, Saudi Arabia, Energy Strategies, Green Innovation
JEL Classification: K2, O2, O3, N95, 053
Suggested Citation: Suggested Citation