Massive cash flows from China are going into the Arab world, according to an article in the Economist. It states that Chinese diplomats “often have a command of Arabic that puts their Western counterparts to shame.”
RT’s Keiser Report discusses the matter and the article, noting that the Middle East is a new region for China’s investments.
The US is very concerned about the Chinese advancements in 5G and AI technologies, as well as spending money on the Belt and Road Initiative, says Stacy Herbert. And now investing in what America considers part of what they can control, “as well as showing up with Chinese diplomats who could speak Arabic,” she tells Max Keiser who agrees with her.
“When you have to compete, you have to do things like to innovate, you have to learn the language, you have to be better…” Stacy says.
For more stories on economy & finance visit RT's business section