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Chinese AI Firms Turn to the Middle East Amid Domestic Funding Crunch
A recent feature in Economic Observer, a business news outlet, shows how Chinese AI companies, squeezed by fierce competition and a shrinking capital pool at home, are pivoting toward the Middle East, where deep-pocketed sovereign funds and ambitious digital transformation agendas are opening new doors.
Fishermen conduct abalone management and protection operations at sea in the waters of Xiaocheng Town, Lianjiang County, Fuzhou City, Fujian Province, China, on March 14, 2026. (Photo by Costfoto/NurPhoto) (Photo by CFOTO / NurPhoto / NurPhoto via AFP)
"China's financial commitments are simply more tangible and easier to grasp than those of Europe," one delegate from an island state remarked to me on a bright spring day in late March, as we both gazed out at the East River from the United Nations Headquarters. Behind us, in airless ...
Chinese AI Firms Turn to the Middle East Amid Domestic Funding Crunch
A recent feature in Economic Observer, a business news outlet, shows how Chinese AI companies, squeezed by fierce competition and a shrinking capital pool at home, are pivoting toward the Middle East, where deep-pocketed sovereign funds and ambitious digital transformation agendas are opening new doors.