Summary Bullets:
• For China, brokering political stability in the Middle East means investment opportunities. It is working at both in tandem as an overture to its long-term strategic interests in the region.
• Policy and government diktat will not compensate for the fragmented approach by Western governments and tech companies when challenging the likes of Huawei in eastern markets.
After a seven-year stand-off that involved the Saudi and Iranian Embassies gathering dust in each other’s countries, Riyadh (Saudi Arabia) announced a rapprochement with Tehran (Iran) under the auspices of Beijing (China) on March 10, 2023. This was a surprise announcement made by representatives from the two countries attending a summit in China with analysts across all sectors pouring over what it means. Technology is one sector that is worthy of analysis comment to determine the wider implications for the international technology market.
Continue reading “A Sino-Centric Approach by Gulf Nations and Telcos Should be an Alarm Bell for Western Tech”
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