Thursday, December 8, 2022

Chi-Saudi..

 


Chinese President Xi Jinping landed in the Saudi Arabian capital Riyadh on Wednesday. A purple carpet was rolled out for the Chinese president, and canons were fired.
Saudi Arabia's grand reception of the Chinese president is only emblematic of the magnitude of their growing relationship, specifically around oil, trade and security. 
China is today Saudi Arabia's largest trading partner, with the value of the kingdom's exports to China having exceeded $50 billion last year, constituting more than 18% of Saudi Arabia's total exports in 2021. 
Bilateral trade between the two states is more than $80 billion dollars, SPA reported.
Note:
US recently threatened the Saudi regarding oil production cuts around the Election time
. Just a thought.

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