"This handbook brings together a mix of established and emerging international scholars to provide valuable analytical insights as to how China's growing Middle East presence affects intra-regional development, trade, security, and diplomacy. As the largest extra-regional economic actor in the Middle East, China is the biggest source of foreign direct investment into the region and the largest trading partner for most Middle Eastern states. This portends a larger role in political and security affairs, as the value of Chinese assets combined with a growing expatriate population in the region demand a more proactive role in contributing to regional order. Exploring the effect of these developments, the expert contributors also consider the reverberations in great power politics, as the U.S.A., Russia, India, Japan, and the European Union also have considerable interests in the region. The book is divided into four sections: historical and policy context state and regional case studies trade and development international relations, security and diplomacy"--

As China's international political role grows, its relations with states outside of its traditional sphere of interests is evolving. This is certainly the case of the Gulf monarchies of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, which together comprise the Gulf Cooperation Council (GCC). China's levels of interdependence with these states has increased dramatically in recent years, spanning a wide range of interests. What motivating factors explain the Chinese leadership's decision to forge closer ties to the GCC? Why have GCC leaders developed closer ties to China, and what kind of role can China be expected to play in the region as levels of interdependence intensify? This book uses neoclassical realism to analyse the evolution of Sino-GCC relations. Examining the pressures that shaped China's policy toward the Gulf monarchies, it demonstrates that systemic considerations have been predominant since 1949, yet domestic political considerations were also always an important consideration. Relations are examined across diplomatic and political interactions, trade and investment, infrastructure and construction projects, people-to-people exchanges, and military and security cooperation. This book will appeal to scholars in the fields of International Relations and International Political Economy, as well as area specialists on China, the Gulf, the Gulf Monarchies, and those working on foreign policy issues.

This book examines China’s relations with member states of the Gulf Cooperation Council. It highlights the depth of China’s ties with the region bilaterally and multilaterally on a five-dimensional approach: political relations, trade relations, energy security, security cooperation, and cultural relations. Regarding each of these criteria, the GCC countries enjoy a strategic significance to China’s national security, vital interests, territorial integrity, sovereignty, regime survival, and economic prosperity. China has been an integral part of the political developments on the Arabian Gulf scene since the 1950s. Their bilateral ties have grown steadily since the Economic Reform Era, culminating in strategic partnership two decades later. China and its Arab Gulf partners have embarked on an ambitious economic cooperation that includes joint ventures in oil upstreaming and downstreaming, mammoth highway and railroad projects, construction projects, and above all, strategic security coordination in reference to security threats. Both sides are also engaged in a process of revival of the Silk Road within the Belt and the Road framework. Sino-Gulf bilateral trade relations reached $159,419.20 billion in 2014. The two sides aim to increase it to $600 billion by 2020, a goal within reach given the fact that they are concluding the China-GCC Free Trade Agreement, which will transform their bilateral ties.

Over the last two decades the relations between the countries of the Gulf and Asia have expanded beyond the economic domain to include political and even security arrangements. While oil and non-oil trade are still the fulcrum of their association, 'strategic' partnerships are fast becoming the norm. The contributors of this book argue that, along with economic diversification, the Gulf countries have also diversified their foreign policies, especially with China, India, Japan and South Korea, among others. Together with Russia, this could eventually alter the current US-centric security paradigm. This opens up the prospect for a 'collective' security architecture in the Gulf, which is key to regional and global stability.

Departmental papers are usually focused on a specific economic topic, country, or region. They are prepared in a timely way to support the outreach needs of the IMF’s area and functional departments.

How the Gulf Cooperation Council (GCC) relates to BRICS (Brazil, Russia, India, China, and South Africa) is, in the light of the growing strength and importance of this organisation and the countries which comprise it, of critical importance. The GCC countries have fast-growing economies, and they share some of the attributes and concerns of BRICS countries. The issue is not simply how the GCC countries handle their relations with the individual BRICS countries, but more importantly how they relate to an alternative structure of coordination and perhaps power in the global order. Their established links and alliances may no longer be enough to satisfy either their economic needs or their security concerns. The objective of this book is to examine the commonalities and the differences in economic and political interest between the BRICS countries and the GCC countries, so as to assess the potential for cooperation and collective action. Whether the GCC could itself become a part of BRICS is also worth consideration. While the focus is on the GCC, the GCC's relations with BRICS countries have been, and will continue to be, closely affected by the wider Gulf dimension--the state of their relations with Iran and Iraq, and the manner in which BRICS countries relate to those two countries.

An original and empirically grounded analysis of the Gulf monarchies and their role in shaping the political economy of the Middle East.