Chinese tech firms press ahead with Gulf expansion
Chinese tech firms are pressing ahead with their expansion in Saudi Arabia, signaling that Beijing has staying power in a region that Washington has sought to draw more firmly into its orbit.
Welcome back to Al-Monitor Business & Tech.
In our latest edition, we take a look at Egypt’s strategy to lure in foreign investment with the establishment of four new trade zones next year along with Prime Minister Mustafa Madbouly's urging of Japanese companies in Tokyo to set up shop in the Suez Canal Economic Zone. Meanwhile, Chinese firms continue to expand in the Gulf, with computer maker Lenovo choosing Riyadh as the destination for its regional headquarters.
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