The UAE Crown Prince's visit to China is no simple matter—24 agreements have alarmed the US and Israel, signaling a new era unlike the past!
From April 12 to 14, UAE Abu Dhabi Crown Prince Khalid led a high-level delegation on a visit to China. On the 13th, a business promotion event was held between both sides, during which 24 memorandums of understanding were signed in one go.
Lately, Dubai International Airport suffered a drone attack, US military bases within UAE territory were targeted by missiles, and core industries sustained heavy losses. Iran’s strikes directly hit UAE soil, completely shattering its long-held security myth. The Crown Prince’s choice to visit China at this most tense moment reflects an urgent strategic adjustment forced by real-world pressures.
This round of cooperation covers broad areas and carries deep implications. The 24 agreements span nine sectors including energy, finance, logistics, agriculture, and digital economy. They explicitly call for stable, long-term crude oil supply and promote the normalization of renminbi (RMB) settlement; establish a direct bilateral settlement mechanism between RMB and Dirham; and enable direct connectivity of cross-border payment systems, achieving instant remittances in seconds.
In the past, Middle Eastern oil transactions could not do without the US dollar. This time, the UAE has clearly stated its intention to expand the scale of domestic currency settlements. This is not merely a change in payment methods—it represents a structural shift in finance: whoever controls settlement dominance holds the key to international power struggles.
One particularly critical point is the UAE sovereign fund’s expansion of investment in China. What lies behind this move needs no further explanation from the author. It involves extensive collaboration and investment in the new energy vehicle and battery powertrain industry chains.
To be honest, after seeing these 24 agreements, both the US and Israel will clearly understand what the UAE is signaling—the times truly are different now. The UAE no longer wants to put all its eggs in one basket.
Original article: toutiao.com/article/1862517081784320/
Disclaimer: The views expressed in this article are solely those of the author.