China-Kuwait: Adding threads to the Silk Road

Regional Views
China-Kuwait

Florence Eid-Oakden, Ph.D, Chief Economist

Charlene Rahall, Mingqiao Zhao, Analysts

Highlights include:

  • Kuwait-China trade stood at USD 12B in 2017, up 80% from 2008. China is Kuwait’s largest source of imports and the latter is China’s fourth largest Arab world crude oil supplier.
  • One of the world’s longest causeways is being built to Kuwait’s north with the aim of reviving the ancient Silk Road trade route.
  • China will play a key role in making Silk City a model of cooperation among states along the Silk Road Economic Belt and the 21st-Century Maritime Silk Road.

The Regional Views series are thematic papers aimed at identifying and analysing factors behind medium to long-term economic trends shaping the region. Our analysis draws conclusions that help businesses and investors get ahead of the curve. As a firm staffed by Middle Easterners, we focus on insight rather than standard analysis.

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