After the Financial Crisis: Dubai-China Economic Relations
Dubai is strategically located at a junction between Europe, Africa, and the Far East. For China, an emerging global leader in trade and international business, Dubai is a promising place in which to conduct business. Exploring Dubai-Sino economic relations beckons a more comprehensive understanding of both the level of Dubai’s economic diversification and the impact of the global financial crisis. Dubai’s private sector is extensively engaged in foreign trade, with an emphasis on the service industry. The service industry has three subsectors—tourism, finance, and real estate. Assessing the trajectory of China’s involvement in these three sectors of Dubai’s economy sheds light on how Dubai-Sino economic relations have been affected by the global financial crisis.