In the midst of global economic recalibrations, Saudi Arabia’s Minister of Economy and Planning, Faisal Alibrahim, has expressed a desire to deepen investment ties with China. At the World Economic Forum held in Davos, Switzerland, Alibrahim discussed the prospect of enhancing the already substantial trade relations between the two nations.
During an interview, the Saudi minister highlighted the robust trade connections shared with China, emphasizing the kingdom’s strategic decision to further solidify this relationship. “We have a strong trade relationship with China,” he noted, adding, “And we think it’s very wise to continue strengthening that relationship with China as well as our other partners.
” This move comes at a time when many countries are reassessing their economic dependencies on China.
The dialogue in Davos suggests that Saudi Arabia is keen on positioning itself as a welcoming destination for Chinese investments. This approach signifies the kingdom’s broader economic strategy to diversify partnerships and solidify its position within the global economic landscape.