Riyadh is strengthening and diversifying its international relationships based on both economic and geopolitical interests.
Saudi Arabia is aggressively expanding its international relationships, and that will have inevitable consequences for the United States and its influence in the country.
Sharply heightened scrutiny and criticism from the West means that"Saudi Arabia needs the buy-in from major Asian economic powers now more than ever," Ian Bremmer, president of the Eurasia Group, recently wrote in Time Magazine. While in China, the Saudi crown prince emphasized efforts to link Saudi Vision 2030 investments with those of Beijing's expansive Belt and Road initiative, and Chinese President Xi Jinping called for developing deeper ties through a China-Gulf Cooperation Council free trade zone. China is already the kingdom's largest trading part
Rather, Beijing's eye is on economic expansion."They want to be an energy purchaser, and maybe an energy investor," Gause said."But they don't want to pick sides between Iran and Saudi Arabia." China was one of eight countries granted a waiver last fall for U.S. sanctions on Iranian oil.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion | Trump's White House may be helping Saudi Arabia buy nuclear tech. Here's why that's scary.Opinion | David A. Andelman: Trump's White House may be helping Saudi Arabia buy nuclear tech. Here's why that's scary. - NBCNewsTHINK
Read more »
Why some U.S. fund managers like China regardless of trade dealU.S. President Donald Trump's decision to delay raising tariffs on $200 bil...
Read more »
Why China doesn't want a India-Pakistan conflictBeijing is on the verge of being sucked into an India-Pakistan crisis, amid rising tensions in the Kashmir region that borders China.
Read more »
Opinion | Why is China refusing to stop the flow of fentanyl?American law enforcement officials complain that China’s police are not crime fighters but rather protectors of the Communist Party.
Read more »
Pompeo: US to make sure China can't blockade South China SeaMANILA, Philippines (AP) — U.S. Secretary of State Mike Pompeo says the United States is committed to ensuring the South China Sea remains open to all kinds of navigation and that 'China does not...
Read more »
Why U.S. Car Buyers Are Opting For Insane Loans And Why They Should StopU.S. car buyers are over-leveraging themselves with vehicles they can't afford and loans terms that don't make sense. Buying a used vehicle is far smarter for getting the car you want.
Read more »
Why I am still a Catholic — and why that becomes more difficult every dayWhen the pope and cardinals speak, they do not seem to understand that it feels to us like the Church is disintegrating – and our faith with it.
Read more »
Judge gives Musk two weeks to explain why he shouldn't be held in contempt
Read more »
59 Extremely Important Thoughts I Had While Watching 'Vanderpump Rules' This Week59 Very Important Things I Thought About While Watching 'Vanderpump Rules' This Week
Read more »