Chinese attendance at Saudi conference doubles as Riyadh courts Beijing

SaltWire's Atlantic regional weather forecast for October 19, 2023 | SaltWireRIYADH - Around 300 Chinese"decision makers" are attending Saudi Arabia's flagship investment conference this year, organisers said on Thursday, double last year's attendance as Riyadh deepens its relationship with China despite U.S. concerns.

But Riyadh's relationship with Washington frayed under President Joe Biden over several issues, including closer Saudi ties with China. In defiance of its key Western ally, Prince Mohammed invited Chinese President Xi Jinping to visit the kingdom and launched a Chinese-Arab summit. In August, the BRICs group of nations, which includes China, invited Saudi Arabia to become a new member of the bloc.

Korean President Yoon Suk Yeol, Kenyan President William Ruto and Rwandan President Paul Kagame will also attend the conference which is starting on Tuesday, Attias said.

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russian President Putin and Chinese leader Xi meet in Beijing and call for close policy coordinationTAIPEI, Taiwan (AP) — The leaders of Russia and China met Wednesday in Beijing and called for close foreign policy coordination, as concerns grow about...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Beijing reportedly weighing delaying approval of Broadcom’s US$69-billion VMware dealThe Financial Times reported that China’s State Administration of Market Regulation is likely to delay approving the transaction after the Biden administration introduced tougher chip controls
Source: globeandmail - 🏆 5. / 92 Read more »

Beijing weighs delaying approval of $69 billion Broadcom-VMware deal- FTExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Beijing takes 'golden share' in a Tencent subsidiary, records showExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

China's commerce minister meets with Apple's Tim Cook in BeijingExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

China’s commerce minister meets with Apple CEO Tim Cook in BeijingThe pair discussed Apple’s development in China and also the Sino-U.S. trade relationship, a statement by the Chinese commerce ministry said
Source: globeandmail - 🏆 5. / 92 Read more »