President Xi Jinping to land in KSA today

World Dec, 7 2022
President Xi Jinping to land in KSA today
  • 399
  • 0

Beijing: Chinese President Xi Jinping will make three-day visit to Saudi Arabia this week, meeting King and de facto ruler of world's biggest oil exporter, Saudi state media reported. Xi, head of world's number-two economy will also attend summit with rulers from six-member Gulf Cooperation Council and talks with leaders from elsewhere in Middle East, strengthening China's growing ties with region.

Chinese leader will arrive on Wednesday, official Saudi Press Agency said, for only his third trip abroad since coronavirus endemic began and his first to Saudi Arabia since 2016.

Xi's visit reflects "much deeper relations developed in recent years" between two countries, said Ali Shihabi, Saudi analyst close to government. "As largest importer of Saudi oil, China is critically important partner and military relations have been developing strongly," he said, adding that he expected "Number of agreements to be signed".

Visit also coincides with heightened tensions between Saudi Arabia and United States over issues ranging from energy policy to regional security and human rights.

China purchases roughly quarter of Saudi oil exports. Oil market was thrown into turmoil with Russia's invasion of Ukraine in February. Byond energy, analysts say leaders from two countries are expected to discuss potential deals that could see Chinese firms become more deeply involved in mega-projects that are central to Prince Mohammed's vision of diversifying Saudi economy away from oil. Those projects include futuristic $ 500 billion megacity known as NEOM and so-called cognitive city that will depend heavily on facial recognition and surveillance technology.

Published in The Daily National Courier, December, 07 2022

Like Business on Facebook, follow @DailyNCourier on Twitter to stay informed and join in the conversation.

NC Monitoring Desk
NC Monitoring Desk https://www.dailynationalcourier.com/author/nc-monitoring-desk
Daily National Courier is a leading morning English newspaper of twelve pages covering all international and national political developments on 24/7 basis.

NC Big Stories

Customs Seize Smuggled Honda Civic from Karachi’s NMB Wharf

KARACHI: The Anti-Smuggling Organization (ASO) of Pakistan Customs has seized a smuggled and duty-unpaid Honda Civic car from the NMB Wharf area of Karachi following credible intelligence regarding its illegal importation. According to the official s...

Narrative Warfare and Media Diplomacy: Pakistan’s Response to Disinformation During the 2025 India-Pakistan Conflict

Regional tensions have always been a top headline in International and National media. From Russia- Ukraine issue to Pak-India conflict the world has been witnessing many great challenges and upheavals among nations. The traditional means of war has...

Abandoned Government School buildings turn into drug dens in Sher Shah Colony

KARACHI: On the directives of Sindh Ombudsman Muhammad Sohail Rajput, Aftab Ahmed Khatri, Regional Director of the Provincial Ombudsman Sindh (POS) for Keamari District/West Karachi, along with Salahuddin Siddiqui, conducted an inspection of the...

Awareness seminar held in Karachi on Right to Self-Determination Day for Kashmir

KARACHI: An awareness seminar was organized in Karachi on the occasion of Right to Self-Determination Day by the Youth Forum for Kashmir – Karachi Regional Office (YFK-KRO). Political, social, religious and media personalities attended the even...

More like this
Related

Zohran Mamdani becomes New York City's first Muslim mayor

Zohran Mamdani, a 34-year-old democratic socialist, won the New York City mayoral race on Tuesday, capping a meteoric rise from a little-known state lawmaker to one of the country's most visible Democratic figures. Mamdani will become the first Musli...

PM Shehbaz lauds Trump as 'man of peace'

EGYPT: Prime Minister Shehbaz Sharif on Monday described US President Donald Trump as a "genuine man of peace", who had worked relentlessly and untiringly to end global conflicts, including the war in Gaza. Standing with the US president and other gl...

PM Shehbaz, Trump exchange greetings at Arab-Islamic Summit in New York

NEW YORK: Prime Minister Shehbaz Sharif and U.S. President Donald Trump exchanged warm greetings on Wednesday during the Arab-Islamic Summit, held on the sidelines of the 80th UN General Assembly session. The informal interaction featured a handshake...

BingX concludes Karachi launch of BingX OnTour Series

PANAMA CITY: BingX, a leading cryptocurrency exchange and Web3 AI company, concluded its first-ever BingX OnTour Meetup in Pakistan, held in Karachi on September 20, 2025. This milestone reinforced BingX’s commitment to building stronger connec...
Need Help? Chat with us