“China is taking over the world.” The statement, only a decade ago considered far-fetched, has become reality. In the last few years, Lebanon has grown more aware of China’s potential as a major trading partner, with the Asian country moving from fourth place in 2003 to second in 2007. Lebanon’s trading story with the People’s Republic of China started in 1971 when both countries established diplomatic relations. Since then, the ties grew stronger, with visits of senior Lebanese officials like former Prime Minister Rafik Hariri and former Foreign Minister Fares Boueiz to China. On the other side, Lebanon has caught Chinese attention with deputy ministers of foreign affairs, transportation, trade and economic cooperation all visiting China. Volume of trade up significantly From such ties, numerous trade agreements have sprung, for example on investment protection and economic, trade and technological cooperation. According to the Chinese Embassy in Beirut, total trade volume
