CHINA’S HUNT FOR FUEL THROUGH BRI IN THE MIDDLE EAST

Abstract

Purpose of the study: The purpose of the study is to examine China’s hunt for the acquisition of energy supplies through the Belt & Road Initiative (BRI) in the Middle East due to the unprecedented economic expansion on accounts of which it needs reliable resources of natural gas and oil to cope with the requisite needs of energy. Methodology: The data for this study is collected from various secondary sources like Research Journals, Academic Research Papers, and Electronic Sources. Data were interpreted using the deductive method of investigation through an analytical and descriptive approach. Principal Findings: The main findings indicate that China has long followed its “win-win” strategy, which means that all trading partners of the region profit fairly, and for that reason, Beijing is aiming to boost its commercial presence in the region of the Middle East for mutual gains and that economic interdependence, according to Beijing encourages collaboration between the states on accounts of which it is considered that energy deals of China are centered on mutual economic interests. Applications of this study: Findings of the study will be helpful for scholars and academics of International Relations, Security Studies, Policymakers of China and the Middle East countries, diplomats of China, USA, Russia, Saudi Arabia, and Iran as well as it also contributes for understanding energy and economic ambitions of China in the region of Middle East, which to be accomplished through BRI. Novelty/Originality of this study: The originality/novelty of the study lies in the attempt to explore that BRI is considered as the 21st century’s Marshall Plan by China and that it will associate China’s hunt for global energy resources by diversification of the economic markets of the Middle East.