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Kazakhstan cuts reliance on Russian pipelines with China's help

Astana, Sep 14 (EFE).- Kazakhstan is bolstering its oil industry with China’s assistance to ensure its independence from Russian pipelines, given the risks posed by the conflict in Ukraine to Kazakh crude exports. “Today, diversifying routes has become synonymous with independence,” Rashid Zhaksilikov, an expert in Caspian region oil and gas projects, told EFE. To …
Black Sea Oceans General Gorod Astana Talgat Kaliev Alexei Maslov Rashid Zhaksilikov

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What do China's economic woes mean for the Middle East?

At the start of 2023, optimism was high that China would see a rapid recovery in consumer spending and an acceleration in GDP growth. Since then, however, the worldโ€™s second-largest economy has been in the doldrums. Chinaโ€™s ailing economy is a problem not just for China but for the entire world. A prolonged slowdown or a sudden financial crash, were it to occur, would ripple across global markets โ€” including the countries of the Middle East, whose economies have become increasingly intertw...
Saudi Arabia United Arab Emirates United States Ar Riya Zhang Jianhua Joe Biden
Source: mei.edu

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