Chinese President Xi Jinping is set to arrives in Saudi Arabia on Wednesday for three days of meetings with regional leaders likely focused on energy
The overseas trip is only Xi's third since the coronavirus pandemic began in 2020, and his first to Saudi Arabia, the world's biggest crude oil exporter, since 2016.
It will feature bilateral meetings with Saudi King Salman and Crown Prince Mohammed bin Salman, the de facto ruler, as well as a summit with the six-member Gulf Cooperation Council and a wider China-Arab summit, Saudi state media reported. On Sunday, the OPEC+ oil cartel led jointly by Saudi Arabia and Russia opted to keep in place production cuts of two million barrels per day approved in October.What is on agenda?
Those projects include a futuristic $500 billion megacity known as NEOM, a so-called cognitive city that will depend heavily on facial recognition and surveillance technology.The OPEC+ production cuts approved in October represented the latest blow to the longtime partnership between Saudi Arabia and the United States, which said they amounted to "aligning with Russia" on the war in Ukraine.
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