Xi Jinping to reach Riyadh on Wednesday to meet Saudi and Arab leaders

Xi Jinping to reach Riyadh on Wednesday to meet Saudi and Arab leaders

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Although China has taken a more involved role in global politics in recent years, its relationship with Saudi Arabia is strongly tied to trade.

In addition to oil sales, Saudi and Chinese state companies have joint ventures in refining and petrochemicals, and Riyadh is seeking foreign investment to help diversify its economy into manufacturing, including cars and weapons.

Its plans for massive infrastructure development, including the $500 billion NEOM megaproject in the northwest, could also create new opportunities for Chinese construction companies that have become increasingly active in the Gulf.

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