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China

A NOT-SO-HEAVENLY NET

China’s facial recognition system known as “SkyNet”, literally translated as the “net of heaven”, will go hand in hand with a “social credit” system to be launched in 2020. There is an expression in Chinese that says the “net of heaven leaves no evil uncaught” but many people find the…

SEEKING RECIPROCITY

Heavily criticized by US President Donald Trump for excessive state subsidies, the “Made in China 2025” program has been dragged into Washington’s trade war with Beijing. At the core of the program is technology and artificial intelligence. Last month, a study entitled “China’s AI Development 2018”was released by Tsinghua University,…

SAUDI ARABIA AND CHINA

What is the current volume of trade between KSA and China? Our statistics indicate that the volume of trade with Saudi Arabia increased from $43 billion in 2016 to $50 billion in 2017. That’s a big increase in a single year. That said, I should note that at one time…

QUARTERLY OIL MARKET UPDATE

Demand is stable The report says three countries are expected to contribute nearly 60 percent of increases in global oil demand in Q2 2018, with China contributing 28 percent, the United States 14 percent and India 15 percent. These three countries, says the report, will also be the main growth…

The Arabian Travel Market

THE ARABIAN TRAVEL MARKET

The Arabian Travel Market (ATM) which takes place this year at the Dubai World Trade Centre over four days from April 22-25 is considered by industry professionals to be the barometer for the Middle East and North Africa travel industry. Last year’s event featured 2,661 exhibitors, over 39,000 visitors and…