Suez Canal Zone

Suez
During Chinese President Xi’s recent trip to Cairo he made a special point of inviting his counterparty –  Egypt’s President Sisi to the G20 Hangzhou summit later this year. This underlined the importance Beijing places on their ties, Egypt is viewed as a central pillar of the Arab world and a key plank of the Maritime Silk Road thanks to its control of the Suez Canal, a strategic chokepoint where much of China’s trade flows to and from Europe. President Xi’s trip also saw the announcements of dozens of new Chinese investments in Egypt, including help with the construction of a new capital between Cairo and the canal.

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