ABSTRACT
This chapter examines recent developments of Chinese firms in the Middle East by analyzing several cases in different countries. It discusses how such a mindset has contributed to the changing regulatory regime in China and has made Chinese firms adapt to market practices and international norms. Having examined Chinese overseas investments and the legal structure supporting their expansion, The chapter aims to analyze the nature of and the issues underlying recent controversies involving Chinese investments in both the Middle East and developed economies. Such cooperation has already begun and has generated friction between foreign and Chinese regulators, leading to the third type of controversy discussed below. That said, we have seen signs of regulatory convergence in global capital markets, and the driving force for this has been the changing mentality of both Chinese and foreign regulators as well as that of Chinese firms in the Middle East and advanced economies.
