09-12-2023, 05:10 AM
China deepens ties with Saudi Arabia at Hong Kong gathering
Beijing and Riyadh are expanding their economic relationship as they seek to reduce reliance on the US and its allies

China’s vice-premier He Lifeng told Hong Kong’s elite last month that he had “some suggestions” for the territory — a list that included building closer ties with the Middle East.
Hong Kong should “further expand its circle of friends” by developing relationships in the region, he said. This week, it is taking an important step in its effort to do so. Saudi Arabia’s Future Investment Initiative Institute, which hosts the Gulf state’s so-called Davos in the Desert conference in Riyadh, opened its first Asia gathering in Hong Kong on Thursday."
https://www.ft.com/content/33e1e11d-b44e...80%9D%20by
Beijing and Riyadh are expanding their economic relationship as they seek to reduce reliance on the US and its allies

China’s vice-premier He Lifeng told Hong Kong’s elite last month that he had “some suggestions” for the territory — a list that included building closer ties with the Middle East.
Hong Kong should “further expand its circle of friends” by developing relationships in the region, he said. This week, it is taking an important step in its effort to do so. Saudi Arabia’s Future Investment Initiative Institute, which hosts the Gulf state’s so-called Davos in the Desert conference in Riyadh, opened its first Asia gathering in Hong Kong on Thursday."
https://www.ft.com/content/33e1e11d-b44e...80%9D%20by