The Gulf’s much-discussed “Eastward Pivot” has shifted into overdrive, with China now accounting for 38% of GCC trade (up from 22% in 2020) as Western tariffs make traditional markets less attractive.
Recent Developments:
- Oil Sales: 46% of Gulf crude now yuan-denominated
- Military: Saudi Arabia testing Chinese drones over Red Sea
- Tech: Huawei building 5G networks across GCC
“These aren’t tactical adjustments but strategic realignments,” said CSIS’s Jon Alterman.
Coming Soon:
- Bahrain joining BRICS in 2026
- UAE-China digital currency bridge
- Qatar’s $20B investment in chipmakers
As the U.S. loses Gulf trade share (down to 11% from 18% in 2020), a new world order is emerging – with Middle East hydrocarbons fueling China’s rise.
