China’s Xi to stop by Riyadh as Saudi Arabia seeks to develop worldwide get to

China’s Xi to stop by Riyadh as Saudi Arabia seeks to develop worldwide get to


Chinese chief Xi Jinping

Getty Visuals

Chinese President Xi Jinping will be in Saudi Arabia on Wednesday to attend the to start with China-Arab States Summit and the China-Gulf Cooperation Council Summit in Riyadh, according to the Ministry of Overseas Affairs in China.

The check out, which will span a few times, adopted an invitation from Saudi Arabia’s King Salman, and will be attended by other Arab heads of condition.

“Close relations between the two countries were initiated 80 years ago, encompassing different factors of cooperation and improvement,” the official Saudi Push Agency mentioned in a assertion Tuesday.

Saudi Arabia was the major oil importer for China in 2021, accounting for 17% of the Asian giant’s oil imports.

“The optics of a hospitable kingdom welcoming Xi and inviting host of US companions in the Center East will show significant,” Eurasia Group’s analysts wrote in a take note.

“Saudi Arabia will undertake a identical design to US President Joe Biden’s stop by very last July, presenting itself as the regional hub for heavyweight geopolitical meetings,” they explained.

Strained U.S.-Saudi relations

Saudi Arabia reaffirms its relationship with China as Washington accuses the kingdom of playing politics

“Riyadh sees a geopolitical purchase that is mostly in flux, with an option to greatly enhance its leverage in the international procedure,” Eurasia explained.

Saudi’s management has assessed that its pursuits are served by broadening the kingdom’s intercontinental partnerships, they explained, introducing that it consists of relations with “the British isles, France, Germany, Greece, and Spain on the European side, Russia on the electrical power front, and numerous Asian countries on the economic front.”

Anticipate ‘pomp and circumstance’





Resource

U.S. natural gas prices hit  for first time since 2022 amid massive winter storm
World

U.S. natural gas prices hit $6 for first time since 2022 amid massive winter storm

A worker shovels snow during a winter storm in Lower Manhattan in New York, US, on Sunday, Jan. 25, 2026. A colossal winter storm reached the US East Coast Sunday morning after dropping ice and snow across much of the nation, leaving hundreds of thousands of homes without power and causing a wave of flight […]

Read More
European markets head for flat to lower start to the new trading week
World

European markets head for flat to lower start to the new trading week

European stocks are expected to open in flat to lower territory on Monday. Source

Read More
Investors flock to hedge funds at fastest pace since Global Financial Crisis as uncertainty dominates markets
World

Investors flock to hedge funds at fastest pace since Global Financial Crisis as uncertainty dominates markets

Key Points Global hedge fund assets have hit an all-time high of almost $5.2 trillion Their coffers swelled by a record $642.8 billion in 2025 The most favored strategy type among investors was long/short equity Global hedge fund assets have hit an all-time high of almost $5.2 trillion after investors poured more money into the […]

Read More