China is actively strengthening its economic ties with Middle Eastern countries, marked by multi-billion dollar investments from Chinese companies. During his recent visit to Saudi Arabia, Chinese President Xi Jinping signed agreements worth up to US$50 billion. These deals include Saudi Aramco’s plan to invest US$3.6 billion in Hangzhou’s Rongsheng Petrochemical and a joint venture […]
Persian Gulf wealth funds predicted to allocate up to US$2 trillion of their investments to China by 2030
