The Arab world is rising. Dubai’s skyline is jammed with gleaming skyscrapers. Foreign banks are opening in Syria’s business districts. Cairo’s five-star hotels are filled by Arab holiday makers. Yet, the Arab world isn’t rising alone. It is matched by an emerging China. The timing isn’t a coincidence. The two are historic economic powers connected by one of the world’s great trade corridors.
The New Silk Road is a ground-breaking analysis of the rise of the Arab world and its strengthening relations with China. The changes are not easy to observe. But Ben Simpfendorfer is one of the world’s leading experts on the region. He is the Chief China economist for the Royal Bank of Scotland. Speaks Arabic and Chinese. And has lived in Beirut, Damascus, Beijing, and Hong Kong.
The New Silk Road is a mixture of analysis and first-hand accounts. It tells the stories of Arab traders in Chinese coastal cities. It explains why Arabic-speaking Chinese officials appear on Al Jazeera. It explores how Chinese traders are using Syria as an entry point to the Arab world. Each story is a thread in the new Silk Road often overlooked by the English-language media.
The East is rising again to challenge the West’s centuries-long dominance of global affairs. The economic crisis has only accelerated the shift in the world’s century of economic gravity. The New Silk Road provides a roadmap to the changes taking place. It is essential reading for anyone trying to understand what promises to be one of this century’s greatest stories.
The New Silk Road was published by Palgrave Macmillan in hardback edition in April 2009. A softback edition is scheduled for early 2011. Arabic, simplified Chinese, traditional Chinese, Korean, and French editions are also due in early 2011.
Praise for the book
Chas W. Freeman, Jr., former US chargé at Beijing and Ambassador to Saudi Arabia
“Simpfendorfer is not just a good economist but an artful story teller who entertains as he educates…’The New Silk Road’ is a glimpse of the future that is easy to get into and hard to put down.”
Daniel Rosen, Visiting Fellow at the Peterson Institute for International Economics and Adjunct Professor at Columbia University
“With an economists’ toolbox for mapping aggregate growth, and a diarists’ talent for capturing the minute, human interactions that join executives and officials from these two ancient worlds, Simpfendorfer makes the logic, limits and significance of Sino-Arab engagement understandable”.
Parag Khanna, author of ‘The Second World’ and Senior Research Fellow at the New America Foundation
“The trajectory of the Arab and Chinese economies still matches the soaring skylines of Dubai and Shanghai…as Simpfendorfer bracingly illustrates, these are not isolated events but rather the resurrection of a Silk Road symbiosis.”
Brad Setser, Fellow at Council on Foreign Relations
“Simpfendorfer doesn’t just look at the data; he also shows that growing trade has created a set of stories that increasingly link together the peoples at both ends of the new Silk Road.”
Book Reviews
“Holy Trinity of Mideast, US and China”, John Defterios, Khaleej Times, October 20, 2009
“从义乌到大马士革:一条新丝绸之路的诞生”, Oliver Pearce, China Economic Observer, June 17, 2009
“The New Silk Road”, Andrew Batson, Far Eastern Economic Review, June 5, 2009
“The New Silk Road – or Why I Went to Yiwu”, Leo Lewis, The Times, June 4, 2009
“The Middle Kingdom Meets The Middle East”, Alan Wheatley, International Herald Tribune, May 12, 2009
“Middle East Looks East To China”, Sky Canaves, WSJ Blog, April 27, 2009
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