Saudi Arabia embraced China, 4 trillion funds surged, and the world economic pattern ushered in a ma

Mondo International Updated on 2024-01-31

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Text|An Cheng. Edit|t

People laugh at me for being crazypaid 4 billion out of his own pocket to help Saudi Arabia build the world's first desert high-speed railwayIt took 7 years and a lot of manpower, material and financial resources, and in the eyes of other countries, we just broke our teeth and swallowed them in our stomachs, and we simply lost money and made money.

I laughed at others for not being able to see through and Saudi Arabia after establishing a good "reliable" imageThe 4 billion has multiplied a thousand times and flowed back into our own hands, and Saudi Arabian funds have moved eastward to invest 4 trillion in our country as a whole.

Saudi Arabia's move has made the United States, which is already a foreign power, panicked, and if it continues to develop in the long run, the status of the petrodollar will be in jeopardy.

The phrase "petroyuan" is about to break ground,What kind of impact will this have on the world economy?Once the relationship between Saudi Arabia and the United States was inseparableWhat is it that has caused the relationship between Saudi Arabia and the United States to drift apart?

Saudi.

Relations between the two countries are at an impasse

The petrodollar is well known, but going back in time, the "predecessor" of the petrodollar can be understood as the ** dollar.

After all, the United States had only one purpose at that time, that is, to make the dollar an international currency and form a dollar hegemony.

As a direct result, more than 75% of the world's ** is in the United StatesIn order to achieve ** US dollars, the United States announced to the world that as long as there are 35 US dollars in hand, you can exchange for 31 grams**, so the United States began the unlimited money printing mode, but various countries in the world are not unable to see the careful opportunity of the United StatesOf course, it is impossible to want an empty glove white wolf, so France-led "sanctions" against the United States have begun to disintegrate the Bretton Woods system in the United States.

Bretton Woods system.

The United States is more like a company than a country, it has a long-term vision of development and the means to achieve the goal, realizing that the dollar is no longer viable, and as a result, the United States' reputation in the international community has plummeted.

In search of a new way to make a fortune, the Americans set their sights on oil, and through World War II, they realized that oil was an important resourceSo they reached a "cooperation" with Saudi Arabia to give the United States the protection of Saudi military power, and what Saudi Arabia has to do is very simple, that is, when it comes to oil, it can only recognize the dollar, that is, the birth of the petrodollar.

Originally, a balanced relationship was reached between the two countries, but the emergence of Israel has upset this difficult balance to maintain, Israel is a-stirring stick planted by the United States in the Middle East, and the United States has a dominant position in Saudi Arabia in order to gain an international foothold in order to make its image of "justice".

As a result, Israel continued to provoke contradictions in the Middle East and provide support and assistance to Israel, but in the end it still appeared as a peacemaker and received benefits from both sidesThe fisherman's means of profiting have been tried and tested.

Flag of Israel.

But what the United States did was contrary to what was promised military protection by Saudi Arabia at the time, coupled with the current crown prince of Saudi ArabiaVery "rebellious" does not take the United States in his eyes at all, and constantly has open and secret conflicts with Biden, and it is already a good thing that he has not torn his face with the United States, let alone invested in the United States.

Second, the United States has the means to exploit shale oil by virtue of its own high-tech means, although it pollutes the land and water sources of the United StatesBut this can't stop the United States from slapping the swollen face and becoming fat, and the shale oil companies with a bright surface.

In fact, they are walking on thin ice, but the Middle East will not care about this, what they see is that the United States is blocking their financial pathWith a negative impact on the import and export of oil controlled by the 0PEC+ organization, who would willingly help their competitors?

opec

Why choose our country.

First of all,For Saudi Arabia, our country is their big rich manIn 2022, the United States accounted for 18% of the world's oil consumption7%, compared to 15% in our country, and it will rise steadily in 2023, there is a tendency to catch up with the United States, and our country's oil demand in Saudi Arabia is huge.

After the United States has its own shale oil technology, its external demand has gradually decreased, and it has gradually transformed from an oil importer to an oil exporter, so China's importance and influence in Saudi Arabia have gradually increased.

Second, Saudi Arabia needs to develop and is eager to develop, and is committed to developing Arab countries into investment powers, otherwise they will not give up the comfortable days of being "oil bosses" and sit back and enjoy their achievements every day, but put forward a vision of 2030, they are eager for diversified development, and they want to increase non-oil revenues.

Because oil is not a renewable energy source, if it is used, there will be no moreAlthough the Middle East is "rich and oily", if you keep asking for it from nature, it will one day run out of oil.

Concept map of Saudi Vision 2030.

According to the current extraction volume, the oil in the Middle East can only be exploited for another 100 years, and where will it go after 100 years?

Therefore, Saudi Arabia needs to transform, investment is the best way for Saudi Arabia, with the money from exporting oil to invest in the automotive industry, and China is the world's largest automobile exporter, so the development of Saudi Arabia must not be able to bypass our country.

Moreover, Saudi Arabia knows that if it wants the country to develop well, domestic infrastructure must be builtTherefore, Salman Jr. proposed the construction of the line future city in Vision 2023, compressing the city into a linear building only 200 meters wide and 170 kilometers long, and planned to live in a three-dimensional city with 9 million inhabitants in the future.

However, Saudi Arabia has to face many difficulties, if there is a fire, it must be the burning of the company camp, and how to strengthen the stability of the 500-meter-high strip.

Concept art of The Line.

However, looking at the world, there have been similar successful cases of construction - the Great Wall of China, so there is basically no suspense for China State Construction to win the bid for this projectIn August 2022, PowerChina's ultra-high tower pile foundation project started, and in September of the same year, China Railway Construction began operations, so the relationship between infrastructure maniacs and oil tycoons has become closer.

And Saudi Arabia has also seen from it, if you want to truly realize the vision 2030, you can't do without China's help, this project that all countries shake their heads when they see it, only China is willing to accept the challenge, Saudi Arabia wants, we have it.

Moreover, Saudi Crown Prince Salman Jr.'s dislike for the United States ** Biden is no longer obvious, not only constantly teasing Biden, but also refusing the United States' unreasonable request for Saudi Arabia and OPEC+ organizations to increase oil production in order to reduce their own inflation.

Saudi Arabia counts as one,So how can Salman Jr. still invest in the United States?A country that has no integrity and is gradually declining, and the other is a rising star of integrity and kindness, and the Saudis certainly know who to cooperate with is more beneficial to the development of their own family, so it is inevitable that they choose our country to invest.

Salman Jr. and Biden.

Then, we can give to Saudi Arabia what the United States can giveThe United States is nothing more than giving military help to Saudi Arabia, but in the final analysis, when a dispute really occurs, the US troops in Saudi Arabia will only watch the fire from the other side.

Therefore, the Saudis understand that they can only rely on themselves for everything, so they turned the Zhuhai Airshow into their own shopping festival, and opened the way of constantly buying, buying, buying, and buyingJust buy a synthetic brigade directly, it's simple and convenient.

Finally, and most importantly, we are not the same as the United StatesThe foundation of our diplomacy is non-interference in the internal affairs of other countries and our commitment to peace in the Middle EastUnlike the old United States, which watched Saudi Arabia and Iran fight and applauded the melon seeds, in March this year, China helped Saudi Arabia and Iran end their hostile relations for many years.

Moreover, the Palestinian-Israeli conflict has made Middle Eastern countries see the mask of hypocrisy led by the United States, and more than 11,000 people have been killed under Israeli fire, and what the United States has done is to continue to provide military assistance to Israel and support their invasion of the Gaza Strip.

This catastrophe of the Arabs,The United States is the commander of this black terror, so how can the Middle East still be friendly with the United States?Therefore, the choice of our country is also an important political decision.

Impact on the world economy

The United States is already unreliable in the eyes of Saudi Arabia, so it can only seek another backer, and can compete with the United States in terms of national strength, economy, and military comprehensiveness.

Only China, and for our country and Saudi Arabia is a perfect complementary state, our country needs oil, Saudi Arabia has, Saudi Arabia needs a lot of construction resources, China is the global manufacturing industry No1, and Saudi Arabia will show their sincerity very much, can buy 10% of the shares of Rongsheng Petrochemical at a premium, Sino-Saudi Arabia relations on this basis continue to be close.

Flag of China and Saudi Arabia. And Saudi Arabia's public investment** said that it will soon set up an office in China, and 4 trillion** will seek investment opportunities in China, which is a huge opportunity for our country.

The epidemic has had a lot of impact on my country's economy, and it has been in a situation of sluggish consumption and sluggish productionSince 2022, China's economy has fallen into a stage of low growth of less than 5%.

The injection of fresh blood in Saudi Arabia can change the status quo of our country very well, stimulate consumption, research new technologies, and increase GDPSaudi Arabia's investment of 4 trillion yuan, and now it can be used for oil procurement, is equivalent to threatening the oil hegemony of the United States.

Dollar. It was only a matter of time before the U.S. dollar ceased to be the international currencyNor can the Fed be single-handedly internationalThe renminbi will be a counterweight to the dollar, which is undoubtedly a huge blow to the United States, and the days when the United States could freely manipulate the dollar as long as it controlled the oil production in the Middle East are about to be goneThis is undoubtedly a major reshuffle for the world economy.

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