Chinese President Xi Jinping shakes hands with Saudi Arabia's Deputy Crown Prince Mohammed bin Salman during the G20 Summit in Hangzhou, Zhejiang province, China September 4, 2016. REUTERS/Damir Sagoljon Dec. 9 attended by Chinese President Xi Jinping, with the leaders of the two countries expected to discuss trade ties and regional security.comes at a time when U.S.
Saudi Arabia is China's top oil supplier, making up 18% of China's total crude oil purchases, with imports totalling 73.54 million tonnes in the first 10 months of 2022, worth $55.5 billion, Chinese customs data shows. Named Huajin Aramco Petrochemical Company, the joint venture groups Aramco, Huajin Chemical Industries Group CorporationThe project, expected to be operational in 2024, combines a 300,000-bpd refinery and 1.5 million tonnes per year ethylene plant, with Aramco set to supply up to 210,000 bpd crude oil.
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