eWTPA to write larger cheques from $1b Fund II as Chinese firms flock to the Middle East

eWTPA to write larger cheques from $1b Fund II as Chinese firms flock to the Middle East

Riyadh, Saudi Arabia's capital and main financial hub. Photo by ekrem osmanoglu on Unsplash.

Even a seasoned investor like Jerry Li, founding partner of eWTP Arabia Capital (eWTPA), could not fully comprehend the magnitude of China’s current trade ties with the Middle East.

He got a glimpse of it in April this year when he visited Yiwu, an export hub in eastern China’s Zhejiang Province, where local officials shared some staggering numbers on the city’s exports to Saudi Arabia.

Edited by: Pramod Mathew

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