China and Saudi Arabia Strengthen Business Ties Despite Western Concerns.
TL;DR Summary
Top officials from China and Saudi Arabia have pledged to enhance the business environment and strengthen economic ties between the two countries. The Saudi investment minister has expressed optimism about reaching a China-GCC Free Trade Agreement deal, while the vice-chairman of the CPPCC has promised support for two-way investment between China and Arab countries during a business conference in Riyadh. Saudi Arabia is looking to diversify its economy by encouraging investment in emerging sectors beyond oil.
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