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Economy

Chinese Businesses Pay The Price In The Arab World For Not 'Blending In'

Analysis: The emergency evacuation of Chinese companies from North Africa is a harsh reminder that firms from China must do a better job of integrating in the local environment to realize their dreams of striking it rich in the Arab world.

Chinese tourists in Egypt (hammercem)
Chinese tourists in Egypt (hammercem)
Wang Meng

BEIJING - China's forays into the Arab world's economic affairs started with business and trade first, now it has begun to expand to energy exploration and development, project contracting, outsourcing, bilateral investments, as well as tourism.

These are all positive developments. But let's be clear: economic interest without security protection is like a beautiful house built on a sandy beach. Hidden behind some dazzling economic statistics, China's large-scale emergency evacuation of its people from Libya this year reflects two harshly realistic points.

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Two Ukrainian soldiers at a military base on the outskirts of the separatist region of Donetsk

Lisa Berdet, Lila Paulou, Anne-Sophie Goninet and Bertrand Hauger

👋 Halito!*

Welcome to Wednesday, where the first war crimes trial against a Russian soldier since Moscow’s invasion of Ukraine gets underway in Kyiv, Kim Jong-un slams North Korean officials’ response to the coronavirus outbreak and Mexico’s National Registry of Missing People reaches a grim milestone. Meanwhile, Ukrainian news outlet Livy Bereg looks at the rise of ethnic separatism across Russia’s federal regions.

[*Choctaw, Native American]

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