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Caixin Global
Caixin Global
World

China and Saudi Arabia Agree on $50 Billion of Deals

Xi Jinping Saudi Arabia China Oil

What’s new: China and Saudi Arabia signed investment deals worth about $50 billion during a summit attended by Chinese President Xi Jinping last week in Riyadh, Bloomberg reported.

The pacts included both the private and the public sectors, the news outlet reported, citing Saudi Arabia’s Investment Minister Khalid A. Al-Falih.

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