Business Standard

China's deals with Saudi could be the beginning of a profitable relationship

Why is a communist superpower collaborating with an American ally in the Middle East?

China's President Xi Jinping and Saudi King Salman bin Abdulaziz Al-Saud
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China's President Xi Jinping and Saudi King Salman bin Abdulaziz Al-Saud

Timo A Kivimäki | The Conversation
The Chinese Vice Premier Zhang Gaoli’s visit to Saudi Arabia in the summer of 2017 was a deal maker. There was agreement on a US$20 billion Sino-Saudi investment fund, along with discussions of nuclear energy projects and other economic agreements worth nearly US$70 billion.
So what is going on between the two countries? Why is a communist superpower collaborating with an American ally in the Middle East? Is there more to this than economic cooperation? And could it be the start of a power transition in the region, with China taking over US leadership?
China sees Saudi Arabia as a rich source

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