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Saudi crown prince arrives in China

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AFP Beijing
Last Updated : Feb 21 2019 | 3:00 PM IST

Saudi Crown Prince Mohammed bin Salman arrived in Beijing Thursday as the monarch aims to seal partnerships on a high-profile Asia tour following a diplomatic crisis over a journalist's brutal murder.

Mohammed is expected to meet Chinese President Xi Jinping on his two-day trip to the Chinese capital following visits to Pakistan and India.

The tour has allowed him to show that Riyadh still has allies after the grisly murder of Saudi journalist Jamal Khashoggi -- a fierce critic of Mohammed -- at the Saudi consulate in Istanbul tarnished the image of the kingdom and the prince.

The Chinese foreign ministry said Beijing's ambitious Belt and Road global trade infrastructure initiative will be on the agenda, as the two countries look to improve their economic ties.

"Saudi Arabia has a lot of capital that needs to find profitable places to be deployed," Saudi energy and industry minister Khalid bin Abdulaziz Al-Falih told China's official Xinhua news agency.

"China is a great place to invest with a huge market and an improving environment," he said.

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In Pakistan, the monarch signed a raft of investment deals worth up to USD 20 billion for the cash-strapped South Asian country.

On Wednesday, the monarch met Indian Prime Minister Narendra Modi, whose country counts Saudi Arabia as one of its key crude suppliers.

After his meeting with Modi, Mohammed said the kingdom saw investment opportunities in "various fields to exceed USD 100 billion."

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First Published: Feb 21 2019 | 3:00 PM IST

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