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Reuters
Reuters
Business

Factbox-Saudi-China energy, trade and investment ties

FILE PHOTO: Chinese President Xi Jinping shakes hands with Saudi Arabia's Deputy Crown Prince Mohammed bin Salman during the G20 Summit in Hangzhou, Zhejiang province, China September 4, 2016. REUTERS/Damir Sagolj

Saudi Arabia and China signed a series of agreements during President Xi Jinping's visit to the kingdom, demonstrating deepening ties between the two countries that Riyadh's traditional ally the United States is warily watching.

Arab powerhouse Saudi Arabia is the world's top oil exporter while economic giant China is the world's biggest energy consumer. China is a major trade partner of Gulf Arab states and economic ties have been expanding.

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