Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media: Spanish Parliament has overwhelmingly voted in favor of legislation banning arms sales to "Israel"
Syrian leadership approved the return of spy Eli Cohen's archive to "Israel": Reuters citing sources
Government Media Office in Gaza: The [Israeli] policy of starvation has led to more than 300 cases of miscarriage among pregnant women during the same 80-day period
Government Media Office in Gaza: The [Israeli] policy of starvation has resulted in the deaths of 326 people due to malnutrition and the lack of food and medicine over the past 80 days
UN says no aid distributed yet in Gaza
EU's top diplomat Kaja Kallas asks for a review of EU-"Israel" trade deal
Rubio says Syria could be weeks away from 'full-scale civil war'
Sweden seeks EU sanctions targeting "individual Israeli ministers": Minister to AFP
UK pauses trade deal talks with "Israel", summons ambassador over new Gaza offensive
Al Mayadeen's correspondent: 67 martyrs in Israeli strikes on Gaza since morning.

We do not prioritize China over US: Saudi Investment Minister

  • By Al Mayadeen English
  • Source: Agencies
  • 23 May 2023 22:53
  • 1 Shares
2 Min Read

The official noted that the US remains "Saudi Arabia's largest investment partner in long-term strategic cooperation."

  • x
  • Saudi Arabian Minister of Investment Khalid al-Falih speaks at the 2021 Milken Institute Global Conference in Beverly Hills, October 19, 2021. (Reuters)
    Saudi Arabian Minister of Investment Khalid al-Falih speaks at the 2021 Milken Institute Global Conference in Beverly Hills, October 19, 2021 (Reuters)

Speaking at the Qatar Economic Forum on Tuesday, Saudi Investment Minister Khalid Al Falih said on Tuesday that Saudi Arabia does not give more priority to China over other States and that his country plans to maintain its economic partnership with China as well as with the US. 

"We do not regard our relations with China as something different from our relations with other countries, for instance, Japan, or others. We expect to develop long-term economic partnerships with all [countries]," he said.

Al Falih added that Saudi Arabia's trade volume with China equals that of the US and the EU combined and that their trade relations go far beyond energy-related matters.

The US however remains "Saudi Arabia's largest investment partner in long-term strategic cooperation."

"There's no decoupling in any sense."

Investment Minister H.E. Khalid A. Al-Falih discusses Saudi Arabia's relationships with China and the US @QatarEconForum https://t.co/XjqP4MrWon #QatarEconomicForum #منتدى_قطر_الاقتصادي pic.twitter.com/L1HusiB48Q

— Bloomberg Live (@BloombergLive) May 23, 2023

Read more: Iran names ambassador to Saudi Arabia

Related News

Frustrated Trump wants Netanyahu to 'wrap up' war on Gaza: Axios

Rubio cautions Syria could be weeks away from 'full-scale civil war'

Under the auspices of China, Iran, and Saudi Arabia agreed to restore diplomatic relations on March 10. The two countries had their ties severed in 2016 following Saudi Arabia's execution of Sheikh Nimr Baqir Al-Nimr.

The agreement to officially restore diplomatic ties was signed at a ceremony on April 6 in Beijing.

The two countries are scheduled to resume direct flights, allow mutual visits by top officials, and foster security collaboration. The collective West has been set back by the China-sponsored peace.

Its "rules-based" world order hangs by a thread, while the US' dollar supremacy wanes.

The blow was hard for Netanyahu, who just a month prior to the Iran-Saudi deal said that "Israel" and Saudi Arabia were planning to join forces on the basis of a common goal of stopping Iran.

While the US failed to fulfill its security commitments towards Iran, Saudi Arabia decided to maneuver into a position backed by Chinese guarantees of security.

Read more: Chinese firm makes U-turn on deal with Sanaa

  • US
  • China
  • Khalid Al Falih
  • Saudi Arabia

Most Read

Gaza and the logic of necropolitics: Sovereignty measured by killing

Gaza and the logic of necropolitics: Sovereignty measured by killing

  • Politics
  • 15 May 2025
Two F-35 jets arrive at it's new operational base Wednesday, Sept. 2, 2015, at Hill Air Force Base, in northern Utah. (AP)

F-35 near-misses over Yemen signal new risks for 'Israel': Forbes

  • Politics
  • 14 May 2025
Abu Obaida

Abu Obeida posts shortly after Israeli reports about his assassination

  • Palestine
  • 15 May 2025
YAF say struck 'Israel's' Ben-Gurion Airport with missiles, drones

YAF say struck 'Israel's' Ben Gurion Airport with missiles, drones

  • MENA
  • 18 May 2025

Coverage

All
Gaza prevails against genocide

Read Next

All
Gulf investments quietly boosted Elon Musk and family fortunes
US & Canada

Gulf investments quietly boosted Elon Musk and family fortunes

A 3D render of China's planned 'drone mothership' Credit: X/@XH_Lee23
US & Canada

China unveils drone mothership capable of swarm attacks

Relatives of Venezuelan migrants deported by the US to a Salvadoran prison protested outside the UN building in Caracas on April 9, 2025 (AP)
US & Canada

At least 50 migrants deported to El Salvador prison entered US legally

A city bus goes by the historic city of Santiago, Spain during a major power outage across Spain and Portugal on April, 28, 2025. (AP Photo/Mic Smith)
Europe

Spain hit by major phone network outage weeks after nation blackout

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS