Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 1 (1 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   1 comment

OpEdNews Op Eds

The US-GCC Fatal Attraction

By       Message Pepe Escobar     Permalink
      (Page 3 of 3 pages)
Related Topic(s): ; ; ; , Add Tags Add to My Group(s)

View Ratings | Rate It

opednews.com

Author 73066
Become a Fan
  (156 fans)
- Advertisement -
At the same time, China will be increasingly doing more business with the GCC. The GCC is increasingly importing more from Asia -- although the top source of imports is still the European Union. Meanwhile, US-GCC trade is dropping. By 2025, China will be importing three times more oil from the GCC than the US. No wonder the House of Saud -- to put it mildly -- is terribly excited about Beijing.

So for the moment we have the pre-eminence of NATOGCC military, and USGCC geopolitically. But sooner rather than later Beijing may approach the House of Saud and quietly whisper, "Why don't you sell me your oil in yuan?" Just like China buying Iranian oil and gas with yuan. Petro-yuan, anyone? Now that's an entirely new Star Trek.

Notes
1. See The myth of an isolated Iran Asia Times Online, January 19.
2. See here.

Cross-posted from Asia Times

- Advertisement -
- Advertisement -

Next Page  1  |  2  |  3

 

View Ratings | Rate It

Pepe Escobar is an independent geopolitical analyst. He writes for RT, Sputnik and TomDispatch, and is a frequent contributor to websites and radio and TV shows ranging from the US to East Asia. He is the former roving correspondent for Asia (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon


Go To Commenting

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
Related Topic(s): ; ; ; , Add Tags
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Why Putin is driving Washington nuts

You Want War? Russia is Ready for War

Why Qatar wants to invade Syria

All aboard the New Silk Road(s)

It was Putin's missile?

Where is Prince Bandar?