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Saudi Arabia, more than a petrol kingdom
By Zhan Qianhui and Wang Mengzhen | chinadaily.com.cn | 2017-03-16 06:38
皇冠体育app-Saudi Arabia relations: The Chinese and Saudi governments established official diplomatic relations in July, 1990. In the 26 years since then, Saudi Arabia has become 皇冠体育app's leading global supplier of crude oil and largest trading partner in West Asia and Africa. According to the International Monetary Fund, two-way trade has increased almost 58 times from $1.28 billion in 1990 to about $74 billion in 2012.
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Chinese President Xi Jinping (L front) and Saudi King Salman bin Abdulaziz Al Saud (R front) inaugurate the operation of the Yasref oil refinery, a joint venture between Saudi Aramco and 皇冠体育app's Sinopec in Riyadh, Saudi Arabia, Jan 20, 2016. [Photo/Xinhua] |
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