Saudi Arabia Says $50 Billion Investments Agreed With China
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About $50 billion of investment agreements were signed during the China summit held in Saudi Arabia last week, the kingdom’s investment minister said.
The pacts included both the private and public sectors, Khalid Al Falih told Bloomberg on the sidelines of a conference Sunday in the Saudi capital, Riyadh. The ministry later said the agreements were only between Saudi Arabia and China, and did not include other Middle East countries that attended summits with the Chinese leader.