The economic crisis has only intensified the trend. It’s no wonder. The Middle East’s imports from China are still growing, albeit in low single-digit figures, even as the United States imports from China collapse at near twenty percent rates relative to last year’s levels.
July 30th, 2009 | Ben Simpfendorfer | 0 comments | ContinuedArchive for Ben Simpfendorfer
Ben Simpfendorfer is Chief China Economist for a major global bank. He was previously Senior China Economist for JPMorgan Chase. He began his career in the Middle East and has lived in Amman, Beirut, and Damascus. He regularly appears on CNBC and Bloomberg, and is quoted by publications such as the Financial Times and The New York Times. He has lived in Hong Kong for nearly a decade, and speaks Mandarin Chinese and Syrian Arabic. His book, The New Silk Road, offers a unique perspective on a rising Arab world and its strengthening relations with China.
