China bets on Saudi oil and gas ...Middle East

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China bets on Saudi oil and gas
It was only a few years ago that the signing of the China-Iran Comprehensive Strategic Partnership (CSP) seemed to augur the crystallization of a new axis of evil in the Middle East. That agreement involves unprecedented bilateral economic, military and cybersecurity cooperation. The fear was that the signing of this agreement signaled that China would now be backing Iran in its struggle for regional supremacy against both the Gulf Arab states and their American backer.   This was always somewhat overblown. Beijing has, formally at least, long pursued a policy of equivalency in its diplomatic engagements and military cooperation, signing comprehensive strategic partnership agreements w

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