Skip to main content

From oil to investment: Saudi in China

Saudi Arabia’s Minister of Investment Khalid Al-Falih arrived in China on Sunday, heading a senior delegation of government officials and leading business figures during a multiday visit. 

BEIJING, CHINA - MARCH 16: Chinese President Xi Jinping (R) invites Saudi Arabia's King Salman bin Abdulaziz Al Saud (L) to view an honour guard during a welcoming ceremony inside the Great Hall of the People on March 16, 2017 in Beijing, China. At the invitation of President Xi Jinping, King Salman Bin Abdul-Aaziz Al-Saud of the Kingdom of Saudi Arabia will pay a state visit to China from March 15 to 18, 2017. (Photo by Lintao Zhang/Getty Images)

Welcome back to Al-Monitor Business & Tech.

This week, the United Arab Emirates and Qatar are racing to invest in Africa. Saudi Arabia, meanwhile, has its eyes on China. The kingdom’s investment minister arrived in the Asian country on Sunday, looking to build on the two nations’ $170 billion annual trade relationship. All that and more in this week’s edition.

Sign up to the newsletter here.

Have a great week,

SUBSCRIBER EXCLUSIVE

Continue reading this exclusive analysis

Original reporting and analysis unavailable elsewhere. Subscribe to AL-MONITOR to read this story and access everything we publish