Saudi Arabia has frantically increased China s investment in China, with trillions of funds going to

Mondo Finance Updated on 2024-01-30

。Italy chose to withdraw from cooperation with China, whileSaudi ArabiaInstead, they chose to make a bold bet on China's future. Saudi Arabianot only invested in the new of our countryEnergyenterprises, also completed with our countryCurrencyInterchange. Recently,Saudi ArabiaHe once again expressed the importance he attaches to China and strongly invites Chinese enterprises to strengthen cooperation. This series of moves has sparked speculation that China-Saudi Arabia cooperation may reach a new peak. Saudi ArabiaPreviously bound to American trains, it is now ready to plunge into the arms of China again. Saudi ArabiaDoes the increase in China mean oil settlementsCurrencyOr will it shift from the US dollar to the yuan?Let us uncover the secret for you.

Saudi ArabiaAll of these actions reflect its unique vision in terms of investment. With its abundant resources and national wealth,Saudi ArabiaGrowing economically. However, chaotic and volatile environments tend to lead many countries into decline. In different eras, there will always be some major players who have led the world. In the past, the United States has been a major player in the world, but will it remain that position now and in the future?As we said, the world is facing changes that have not been seen in a century, and everything we have been Xi to may change. For small countries, it is crucial to choose the direction of investment and form alliances with countries. Saudi ArabiaAs one of the richest countries in the world, it isMilitaryIn terms of strength, it is inferior to the countries bordering it. Therefore,Saudi ArabiaTying yourself to a train in the United States is a last resort. However, the current oneSaudi ArabiaIt seems to be ready to throw itself into the arms of China. Saudi Arabiahas been weighing the pros and cons, and this year, its action has accelerated significantly. In the past has invested in our company and completedCurrencyAfter the swap,Saudi ArabiaAgain to increase the weight of China. Saudi ArabiaMinister of Investment Khaled Al-Falih said at the China-Saudi Arabia Investment ConferenceSaudi ArabiaWant to participate globallyClean energyThe wave of transformation and offers a wealth of opportunities for Chinese companies. This indicatesSaudi ArabiaHave the funds and resources, but lack the relevant technology. Therefore,Saudi ArabiaHope with China to strengthen inClean energyfield of cooperation. At present, our country is in the newEnergyThe automotive and photovoltaic sectors are world leaders. At the same time, we are also vigorously promoting hydrogenEnergyindustry and the development of technologies such as nuclear fusion. Therefore, to:Saudi ArabiaFossil fuel-basedEnergyNaturally, the structure wants to remain competitive in the future. Saudi ArabiaProviding a lot of opportunities for Chinese companies is exactly what we need. Urbanization is nearing completion, and China needs to gradually export. WhileSaudi ArabiaIt is in the process of urbanization, and its Vision 2030 plan also includes the construction of the city of the future. Saudi ArabiaThe demand is fully matched with our strength in the infrastructure sector, and such cooperation can drive our exports. Saudi ArabiaThere is a need, we have the technology, and it is natural to reach the perfect cooperation.

Saudi ArabiaWhy be more active at this time?I think there are two main reasons. First of all,Saudi ArabiaThink the timing is just right and can't wait any longer. If this opportunity is missed,Saudi ArabiaMany development opportunities could be lost. Second, the situation is overwhelming. China-Saudi Arabia relations have developed to the point where they come to fruitionSaudi ArabiaThere is not much way back. The rise in the east and the fall in the west will accelerate the friendship and unity of many parties and reduce the number of hostile forces. That's what we've always been looking for, because we know that the flame is high when people gather firewood. Although Europe and the United States are still playing a leading role in the global economy this year, it is not difficult to see that the edifice built by the West over the past century is collapsing. So far this year, withSaudi ArabiaThere is more interaction with the UAE and economic ties are getting closer. The sun is about to set in the United States, which is one of the key factors. In addition, the United States has becomeSaudi ArabiaetcEnergyCompetitors of exporting countries. As an ally of the United States,Saudi ArabiaThere is no good end in history, thereforeSaudi ArabiaYou need to plan ahead. Saudi ArabiaThe wealth and resources we have are enormous, we lack the resources but have the technology. Therefore, the prospects for future cooperation are very broad. At the same time,Saudi ArabiaA solid support is also needed, at least a thigh that can speak for itself. BecauseSaudi ArabiaThe system is alien in the eyes of Westerners. InPetrodollarstimes, the United States put down the so-called baggage out of interests, butSaudi ArabiaAnd after the United States will become a competitor, the United States is likely to carry out provocations at some point. Therefore, at the moment of great changes unseen in a century,Saudi ArabiaChanging the door back to the point and stepping up on China's move could bring about some important changes. First of all,Saudi ArabiaIt is likely to increase investment in China and strengthen the presence of both countriesClean energyfield of cooperation. This will have a positive impact on our newEnergyIndustrial development brings huge opportunities and benefits. Secondly,Saudi ArabiaPetroleum settlements may be consideredCurrencyShift from the dollar to the yuan. This will be a major political and economic change that will help drive the internationalization of the RMB. Finally,Saudi ArabiaIt will also help strengthen political mutual trust between the two countries and further consolidate stability in the Middle East.

However, we also need to be cautious and calm. Saudi ArabiaChina's increase may be motivated by its own interests, not necessarily by its favorability toward China. We need to be rightSaudi ArabiaThe intention is to conduct more in-depth analysis and research in order to protect the national interests of our country. At the same time, we also need to maintain good relations with other countries and not be completely dependentSaudi Arabia。We should maintain an open posture and cooperate with countries around the world to strive for more opportunities and benefits.

In short,Saudi ArabiaChina's move to increase the weight reflects to some extent the changing global landscape and China's rise on the international stage. We should be good at seizing opportunities, but we should also remain vigilant and protect our country's interests and security.

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