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Middle East investors eye Chinese startups – Chinadaily.com.cn – China Daily

Middle East investors eye Chinese startups – Chinadaily.com.cn – China Daily

Dongfeng Motor, Changan Automobile and other Chinese brands showcase their vehicles in a shopping mall in Kuwait on June 11. [Photo/Xinhua] Oil-rich nations seeking to diversify economy by giving billions to China’s NEV companiesChina’s smart vehicle makers and autonomous driving companies have become popular with investors in the Middle East, especially Saudi Arabia, as the oil-rich region is looking for new ways to drive its economy.So far this year, at least seven startups in the sector including Nio have inked… 

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