China's Xi to arrive in Riyadh on Wednesday to meet Saudi and Arab leaders - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Saudi Arabia aims to increase trade with Beijing and discuss regional security when China’s president visits Riyadh this week.

China's President Xi Jinping attends the 29th APEC Economic Leaders' Meeting during the Asia-Pacific Economic Cooperation summit in Bangkok, Thailand on November 19, 2022.China's President Xi Jinping attends the 29th APEC Economic Leaders' Meeting during the Asia-Pacific Economic Cooperation summit in Bangkok, Thailand on November 19, 2022.

Chafing at what it sees as American disengagement from the Middle East and the Biden administration’s hectoring about human rights, the world’s biggest oil exporter is reshaping its foreign policy to reflect the new realities of global power. The United States, which for decades has been Saudi Arabia’s main security guarantor and which remains its main defence supplier, has expressed concerns about growing Chinese involvement in sensitive infrastructure projects in the Gulf.

However, unlike the United States Beijing retains good ties with Riyadh’s overarching regional rival Iran, another supplier of oil to China, and has shown little interest in addressing Saudi political or security concerns in the region.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Asian stocks mixed with focus on Fed, China Covid: markets wrapAsian stocks were mixed on Tuesday as investors weighed unexpectedly strong US services data and China’s accelerated moves toward exiting its Covid-Zero policy.
Source: dailymaverick - 🏆 3. / 84 Read more »

Business Maverick: Asian equities, commodities rise on China outlook: markets wrapAsian equities and commodities rose as traders bet on further reopening of the Chinese economy from Covid restrictions. Currencies of materials and energy exporters climbed. Greatest desire of earning with crypto world have been a dream come true for me through the master AmelieLemaire0 he guides me through the investment process now my life is worth living thanks for the opportunity AmelieLemaire0
Source: dailymaverick - 🏆 3. / 84 Read more »