, Columnist
Saudi Arabia Goes Dutch
The hard facts of oil dependence argue against a swift transformation.
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Saudi Arabia may seem a very different country to China, but they have similar problems.
The world's two largest non-democratic economies1461646303483 both grew spectacularly over the past decade. China's economy surged to five times its 2004 size by 2014. That in turn helped stoke energy demand that swelled Saudi Arabia's economic output almost threefold.