Examples of the booming trade and land investment in China and the Arab countries of the Gulf, compiled by the Dubai-based Gulf Research Center:

-- Saudi Arabia plans to build a huge crude oil storage facility on southern China's Hainan Island; the capacity of the tank farm will be 25 million to 30 million metric tons.

-- Kuwait plans to build a $5 billion refinery in southern China's Guangdong province.

-- China's Sinopec is building a refinery with Aramco in Fujian and another joint refinery venture is planned in Qingdao.

-- In June, Dubai-based port operator DP World announced a $500 million investment in a container terminal in Tianjin.

-- The United Arab Emirates' Damac Properties will build a $3 billion mixed-use real estate project in Tanggu district.

-- In October, China and Iraq revived a $1.2 billion deal signed by Beijing with the Saddam Hussein government in 1997 to develop Iraqs Al-Ahdab oil field.

-- Kuwait Investment Authority announced in November that its stake in the Industrial and Commercial Bank of China is worth $720 million.

-- SABIC announced in November that it intends to form a joint venture in China with possible investment of up to $5 billion.

-- Property developer China Resources and a Saudi investment firm teamed up to float a $500 million Sharia-compliant fund to invest in the Chinese real estate market in November.

-- A Chinese firm just won a contract to prepare the site for a new Doha neighborhood expected to house 200,000 people, said Nasser al-Ansari, chief executive of real estate investment house Qatari Diar.