China Is Lending to the Gulf at Record Pace, Tightening Ties


Chinese banks’ lending to the region jumped nearly three-fold to a record $15.7 billion in 2025, excluding bilateral loans, with the bulk going into Saudi Arabia and United Arab Emirates, according to Bloomberg-compiled data. In contrast, banks from the US, UK and eurozone together provided only about $4.6 billion to the Gulf last year, the data showed.



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