Monday, February 6th, 2023

Xi Jinping will open treasury for Saudi Arabia, China will deal with American ‘friend’, understand the game


Riyadh: Chinese President Xi Jinping is arriving on Thursday for the much-awaited visit to Saudi Arabia. During this visit, there will be a deal of $ 29.3 billion between Saudi Arabia and China. Saudi Arabia has long been a close ally of America in the Gulf countries, but after Biden became President and the Khashoggi murder, relations between the two countries have gone into the abyss. The President of China has now started capitalizing on this bitterness in Saudi-American relations. Saudi Arabia is one of the most influential countries in the world’s energy market.

Saudi Arabia’s official news agency SPA said that for the first time in 6 years, Xi Jinping, who is visiting Saudi Arabia, will meet King Salman and Crown Prince Mohammed bin Salman. Xi Jinping will attend the China-Arab Summit and the China-Gulf Conference in Riyadh where the leaders of these countries are arriving. This visit of Jinping is being linked to Biden’s visit in the past. During his visit, Biden reiterated the commitment of US cooperation in security, investment and economy to the Gulf allies.

The Saudi agency said on Thursday that King Salman invited Xi Jinping to strengthen the historical relationship and strategic partnership between China and Saudi Arabia. The statement said that the China-Arab summit will enhance joint relations in all fields and discuss economic and development cooperation. At the same time, Saudi Arabia’s Minister of State for Foreign Affairs Adel Al Jubeir said that the issue of trade and regional security will be given top priority during Xi Jinping’s visit.

This visit of the Chinese President is important in the sense that he is going on this third foreign trip of the Corona epidemic. Jinping’s visit to Saudi Arabia is taking place at a time when his tension with the US regarding OPEC’s oil prices has increased considerably. While Saudi Arabia is the largest oil exporting country, China is the largest importing country. At the same time, Al Zubair tried to downplay the Chinese President’s visit and said that the meeting between the two leaders is natural because China is Saudi Arabia’s biggest trading partner.

Analysts believe that this visit is a direct message to America. He said that both Saudi Arabia and China are giving importance to geopolitics. Both the countries are trying to show that they have an alternative to the western countries. China can say that America is trying to suppress us but we have other powerful forces with us. At the same time, Saudi Arabia can also say that we have options and we are not dependent on you.

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