Omar Samir Khalaf
introduction:
The research paper addresses the topic of Chinese debt and its impacts on Arab countries, focusing on how China uses debt as a strategic tool to enhance its economic and political influence in the region. China has significantly expanded its economic relations with Arab countries, particularly within the framework of the “Belt and Road Initiative,” becoming the primary trading partner for many Arab nations. This expansion has led to a substantial increase in the volume of debt owed to China by several of these countries.
Background:
China has emerged as one of the largest creditors globally, providing substantial loans to developing countries, including those in the Arab region. These loans are often tied to major infrastructure projects as part of the Belt and Road Initiative, which aims to boost trade and investment between China and other countries. However, these debts raise concerns about their sustainability and their impact on the economic sovereignty of borrowing nations.
China and the Arab region are connected through various multilateral cooperation mechanisms, such as the China-Arab Cooperation Forum, the China-Africa Cooperation Forum, and the strategic dialogue between China and the Gulf Cooperation Council (GCC) countries. Conversely, some Arab countries participate in other multilateral mechanisms led by China outside the region, such as the Shanghai Cooperation Organization and BRICS.
Objectives of the Paper:
The paper aims to study the nature of China’s role, particularly within the frameworks of BRICS and the Belt and Road Initiative, in the Arab region by examining the mechanisms of borrowing and economic cooperation proposed under these initiatives. It seeks to answer key research questions, such as: To what extent can these new institutions and initiatives serve as alternatives to existing international financial institutions? What are the nature, tools, and capabilities of their impacts in creating alternative dependen
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