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China, Saudi Arabia Agree to Hold Regular Summits as Ties Warm

  • Leaders plan to meet every two years, Xinhua reports
  • US ties with China, Saudi Arabia have cooled recently
Bloomberg business news
China, Saudi Arabia Sign Partnership Deal
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China and Saudi Arabia agreed to hold regular summits between their leaders, solidifying ties between the world’s No. 2 economy and its top supplier of oil.

In a meeting in Riyadh on Thursday, Chinese President Xi Jinping and Crown Prince Mohammed bin Salman agreed to hold summits every two years as they upgraded the relationship to a comprehensive strategic partnership, the official Xinhua News Agency reported.