RIYADH: Crown Prince Mohammed bin Salman hosts China's leader this week at a delicate moment in US-Saudi ties, signalling Riyadh's resolve to navigate a polarised global order regardless of the wishes of its Western allies, analysts said. The ruler of the oil giant has made a comeback on the world stage fo
RIYADH: Crown Prince Mohammed bin Salman hosts China's leader this week at a delicate moment in US-Saudi ties, signalling Riyadh's resolve to navigate a polarised global order regardless of the wishes of its Western allies, analysts said.
Though the United States remains partner of choice for Gulf states reliant on it for their security, Riyadh is charting a foreign policy that serves its national economic transformation as the world pivots away from hydrocarbons, Saudi's lifeblood, the analysts said. Saudi Arabia is deepening economies ties to China. It is China's top oil supplier, although fellow OPEC+ producer Russia has increased its Chinese market share with lower-priced fuel.
The Chinese delegation is expected to sign dozens of agreements with Saudi Arabia and other Arab states covering energy, security and investments, diplomats have told Reuters. Prince Mohammed wants to demonstrate to his own constituency that the kingdom is important to many global powers, said Jonathan Fulton, non-resident senior fellow at Atlantic Council.
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