Saudi Arabia bought Boeing for 241.7 billion to help China

Mondo Military Updated on 2024-02-18

On the evening of March 10, 2023, an earth-shattering news came out of Beijing and quickly became the headline news of major cities around the world, and the Internet was instantly swept up by it, triggering heated discussions among netizens all over the world.

At 10:25 p.m. that day, China's CCTV news released an important news: Saudi Arabia and Iran announced the resumption of diplomatic relations between the two countries, and China, Saudi Arabia and Iran issued a joint statement.

In the CCTV news report, there is a paragraph: "Saudi Arabia and Iran thank the Chinese leaders for supporting and hosting this meeting and promoting its success." The three countries announced that Saudi Arabia and Iran reached an agreement that includes agreeing to restore diplomatic relations between the two sides, reopen their embassies and representative offices within a period of no more than two months, arrange for the exchange of ambassadors, and **strengthen bilateral relations.

The three countries expressed their readiness to make every effort to strengthen international and regional peace and security. Wang Yi, member of the Political Bureau of the Communist Party of China and director of the Foreign Affairs Office, said, "The representatives of the three countries signed a joint statement, and Saudi Arabia and Iran reached an important agreement announcing the resumption of diplomatic relations between the two countries."

I see this as a triumph of dialogue, a triumph of peace, and this agreement brings great good news to the current turbulent world. ”

At first, I couldn't believe my eyes, but yes, it was undoubtedly a shocking news, and it was a milestone for the Arab world and the Middle East.

Once the two sworn enemies of the Middle East, the grudge between Saudi Arabia and Iran is unimaginable for those who do not understand the conflict of heretical sects. Now, however, the two countries have been able to re-establish diplomatic relations with Chinese mediation, indicating that many of their misgivings have been cleared and many of the obstacles have been resolved.

I think this is a major achievement in the field of diplomacy by China, which has successfully reconciled the contradictions between Iran and Saudi Arabia and ended the so-called "mini-cold war" between Sunnis and Shiites, which proves that China has a strong ability to build a new international order.

Judging from the reaction of the West in the past few days, the biggest surprise is that the United States did not know about it in advance and was completely caught off guard by the Chinese side. Given the extent of U.S. infiltration into Saudi Arabia and Iran, they did not even know about it, which shows the great determination of the leaders of Saudi Arabia and Iran.

At China's press conference on March 7, Western reporters did not mention the ongoing talks between Saudi Arabia and Iran in Beijing, which lasted from March 4 to 10, for a total of four days, until the three sides issued a joint statement.

This shows that the level of secrecy of the talks is extremely high and is a key factor in its success. However, at this critical moment, the Saudi side took action and submitted a large order worth $35 billion to the United States, equivalent to about 241.7 billion yuan.

Saudi Arabia's crown prince and prime minister, Mohammed bin Salman, announced on March 12 the creation of a new national airline, Riyadh Airways, and plans to buy $35 billion of Boeing airliners from the United States, Reuters reported.

Saudi Arabia said the new airline would be wholly owned by Saudi Public Investment**.

Saudi Crown Prince Salman recently announced that in order to take advantage of Saudi Arabia's superior geographical location in Asia, Africa and Europe to build Riyadh into a global transportation hub, Saudi Arabia will establish a new national airline.

The company will not only compete with the Middle East's aviation giants, but also plans to connect more than 100 destinations around the world to Riyadh by 2030 to enhance the travel experience for travelers.

The decision to create a new airline was also Saudi"Vision 2030"As part of the plan, it aims to boost the Kingdom's non-oil economy and create more than 200,000 direct and indirect jobs.

For Boeing, which has suffered a number of aircraft accidents, this large order from Saudi Arabia is like a relief in the snow, which not only relieves Boeing's economic pressure, but also makes the United States very proud.

It is possible that Saudi Arabia's move was aimed at appeasing the United States. You know, the resumption of diplomatic relations between Saudi Arabia and Iran is a huge blow to the United States. As an important ally of the United States in the Middle East, Israel may be uneasy about this.

In addition, the restoration of diplomatic relations between Saudi Arabia and Iran is carried out under the coordination of China, which means that there is a high probability of cooperation between the three countries, and the probability of settlement in yuan will also increase, which poses a threat to the hegemony of the US petrodollar.

Saudi Crown Prince Salman's actions since coming to power have shown that he has big ambitions. U.S. Secretary of State Antony Blinken expressed satisfaction with the large orders signed between Saudi Arabia and the United States, and said the deals would support jobs in several U.S. states and be a win for American workers.

Netizens have expressed their appreciation for Saudi Arabia's measures, believing that Saudi Crown Prince Salman's methods are superb, whether his actions are aimed at appeasing the United States or quelling the dissatisfaction of the United States, it shows that he is determined to do a great job.

However, some people in China question why Saudi Arabia does not buy Chinese C919 passenger planes. In fact, the answer to this question is simple, because last year China's three major aviation giants reached an order worth 250 billion yuan with European Airbus to buy 292 A320 aircraft.

When the news came out, there was an uproar in China. Now, the Saudis are spending huge sums of money on Boeing planes, and there is a common reason for these two incidents, which is that China's C919 airliner still has a long way to go.

China's domestically produced C919 passenger aircraft completed all airworthiness certification work in September 2022 and obtained the type certificate from the Civil Aviation Administration of China, but has not yet obtained airworthiness certificates from the United States and Europe.

As a narrow-body trunk airliner with 168-190 seats and a range of 4000-5555 kilometers, the C919 is roughly the same class as the A320 and Boeing 737, which have the largest number of domestic aircraft.

In addition, Saudi Arabia's new airline aims to develop it into a large international airline, which means competing with the world's major aviation giants, which requires longer range and a more comfortable ride.

The Boeing 787 is a wide-body medium-sized passenger aircraft with a seat class of 210 to 330 people and a range of 6,500 to 16,000 kilometers. Although China's domestic C919 airliner still has a long way to go, there is no need to be discouraged.

With the advent of our C929 wide-body passenger aircraft, and then strive to obtain airworthiness certificates from Europe and the United States, I believe that it is entirely possible for Saudi Arabia to consider purchasing some Chinese passenger aircraft.

With the deepening of relations between the two countries, China's Belt and Road Initiative and Saudi Arabia's Vision 2030 have achieved deep synergy, and mutually beneficial cooperation between the two countries in various fields has also been deepened.

As one of China's most important countries, Saudi Arabia has always been China's largest partner in the long-term development of bilateral economic and trade relations. According to statistics, in 2022, the bilateral ** amount between Saudi Arabia and China has reached 1,160400 million US dollars, a year-on-year increase of 329%。

Therefore, as long as the level of China's domestic passenger aircraft can meet the needs of Saudi Arabian Airlines, then it is entirely possible that it will enter the procurement list of Saudi Arabian Airlines.

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