isn t a framework agreement: Live & Latest News Updates : Vimarsana.com
then. it is going to be so important to see how china does grow and pull away from its covid measures in the coming month. , , , �* �* month. this is it, isn't it? at some point— month. this is it, isn't it? at some point china _ month. this is it, isn't it? at some point china will - month. this is it, isn't it? at some point china will start i some point china will start reopening its borders and when it does so, it is going to be a seismic event, isn't it? it is pretty difficult to underplay the importance of china to the world economy.— the importance of china to the world economy. that's right. it is the second-largest - world economy. that's right. it is the second-largest economy is the second—largest economy but it is not going to be a clear run, i think, at reopening the borders of. yes we've seen over the last couple of weeks or a week or so a significant movement away from some of those restrictions but what many analysts of course expect is this big wave of infections and could lead to things like staff shortages at many of their factories or other producing industries and that could mean it's going to be quite a rocky ride for china but certainly we would imagine ljy but certainly we would imagine by the time we get to this time next year, then there is going to be a lot more competition for some of those key goods and thatis for some of those key goods and that is going to shake up the
think this is very early in terms of beijing, this is really the first step. there are a business frameworks, councils or committees that are actually primed to improve the relationship, but no struck is that we see similar to what the us has with its gulf allies so we are still in a very, very different world. this is the first step for bashan, for saudi arabia as well and we will see more development in the future but this isn't a framework agreement yet. but regardless. — framework agreement yet. but regardless, when you look at what is happening it is effectively a mini pivot, isn't it, towards asia and between these two nations because this is where the golf is seeing a long—term partnership. what sort of impact is that going to have geopolitically? i sort of impact is that going to have geopolitically?— have geopolitically? i think this is the _ have geopolitically? i think this is the gulf _ have geopolitically? i think this is the gulf region's - have geopolitically? i think| this is the gulf region's own response to what is happening in the united states and the asia—pacific that we have seen floated over the last few years or last decade actually. for