Saudi crown prince arrives in China - News Summed Up

Saudi crown prince arrives in China


Mohammed is expected to meet Chinese President Xi Jinping on his two-day trip to the Chinese capital following visits to Pakistan and India. "Saudi Arabia has a lot of capital that needs to find profitable places to be deployed," Saudi energy and industry minister Khalid bin Abdulaziz Al-Falih told China's official Xinhua news agency. In Pakistan, the monarch signed a raft of investment deals worth up to $20 billion for the cash-strapped South Asian country. On Wednesday, the monarch met Indian Prime Minister Narendra Modi, whose country counts Saudi Arabia as one of its key crude suppliers. Crack down on terrorismAfter his meeting with Modi, Mohammed said the kingdom saw investment opportunities in "various fields to exceed $100 billion."


Source: Dhaka Tribune February 21, 2019 09:33 UTC



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