The two-way trend between China and the Middle East continues: on the one hand, more and more Middle Eastern capital is entering China to invest in China; on the other hand, Chinese companies are speeding up their deployment in the Middle East, and even setting off a wave of factory construction. Recently, a number of well-known Chinese companies officially announced the construction of factories in the Middle East. On July 16, JinkoEnergy and TCL Central announced plans to invest in new projects in Saudi Arabia. Hainan Mining also announced on the same day that it is discussing the possibility of cooperating to build a lithium salt plant project in Saudi Arabia with Agilan Brothers Holding Group, a well-known international investment company in Saudi Arabia. It is worth noting that in this round of Chinese companies going out to sea to grab the Middle East, the trend of “borrowing a ship to go overseas” in the supply chain may become more obvious.
中企抢滩中东掀建厂热潮 供应链趁势“借船出海”
Chinese enterprises grab the beach and set off a boom in factory construction in the Middle East, and the supply chain takes advantage of the opportunity to “go overseas by boat”
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