Chinese private market taps Middle East capital as West adopts caution?

  • Cliff Chau, Managing Partner, ewpartners (formerly known as eWTP Arabia Capital)
  • Adam Ladjadj, Founder and Chairman, Emirates Family Office Association
  • Elizabeth Di Cioccio, Managing Director – Capital Markets, EMEA, Gaw Capital Partners
  • Henry Zhang, President & Managing Partner, Hermitage Capital
  • Stephanie Li, Reporter, DealStreetAsia (Moderator)

Chinese fund managers and startups have been tapping the Middle Eastern market as the region has emerged as a preferable location for business expansion and fundraising amid macro uncertainties and rising geopolitical tension. Middle Eastern sovereign wealth funds have pumped $7 billion into China since June 2023, a five-fold growth from the previous 12 months. However, with increased US scrutiny on global investments in sensitive and strategic technologies such as semiconductors and artificial intelligence (AI) in China, the picture may soon change. What will it take to build deeper China-Middle East links?