FOREWORD 1
Chapter 1 Trends of Trade and Investment in Arab Countries 1
1.1 Overview of the Arab Economies in 2011 1
1.2 EU-Arab Trade Ties:An Overview 5
1.3 US-Arab Trade Ties 21
1.4 Trade and Investment between Arab Countries and Japan 34
1.5 India-Arab Ties:A Flourishing Relationship 40
Chapter 2 Trends of China-Arab Trade and Investment 49
2.1 Macroeconomic Trends in China 49
2.2 Characteristic of China-Arab trade in 2011 55
2.3 Trade between China and Arab countries 56
2.4 The nature of China-Arab trade 62
2.5 Foreign Direct Investment in China and Arab Countries 68
2.6 Foreign Direct Investment between China and Arab Countries in 2011 83
Chapter 3 China and Arab Services Trade 86
3.1 Evolution of China-Arab Trade in Services 86
3.2 Comparison of China and Arab Countries re.Service Trade Liberalization 91
3.3 China's Project Contracting Business in Arab Countries 95
Chapter 4 Global Oil Supply in an Age of Uncertainty 100
4.1 Current State of Global Production and Trade in Oil 100
4.2 Impact of Iranian Nuclear Crisis on the Global Supply of Oil 103
4.3 Trends in the Development of Renewable Energy 108
Chapter 5 Developing Finance 112
5.1 Intra-regional and Inter-regional Portfolio Investment Flows 112
5.2 The State of Islamic Finance in Malaysia and Singapore 116
5.3 Progress of Internationalizing the RMB 119
Outlook:Promising Investment Opportunities for China 123
BIBLIOGRAPHY 126
APPENDIX 128
1.Flow of Funds Analysis:China and Select Arab Countries 128
2.Current account balances in Arab countries 130
3.Business cycle synchronization in Arab economies 133
4.Indicators of Financial Openness 136
5.Stock Market Integration:before and after the global financial crisis 139
6.Correlations in GDP and CPI 141
7.The Role of the U,S,Dollar in Arab Exchange Rate Policies 144