ABSTRACT

This chapter demonstrates the powerful and multidimensional connections that are being forged by the very eastern and western extremities of the continent are perhaps now one of the most visible indicators of this process. But it will also seek to develop strong non-hydrocarbon bilateral trade, it will facilitate sizeable sovereign wealth investments in both directions, and it will provide lucrative opportunities for experienced Pacific Asia construction companies, their technologies, and in China's case its vast labour force. Non-hydrocarbon trade between the Gulf monarchies and Pacific Asia is on a much smaller scale than oil and gas. The chapter demonstrates, the hydrocarbon and non-hydrocarbon trade between the two regions has been rapidly rising in volume and value, and is projected to continue to do so. These include innovative hydrocarbon storage projects, investments in renewable energies, further improvements to pan-Asian physical trade infrastructure, and the construction and technology transfer of civilian nuclear power from Pacific Asia to the Gulf monarchies.