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China, Saudi Arabia sign $65 billion in cooperation deals

China, Saudi Arabia sign $65 billion in cooperation deals

Friday, March 17, 2017, 12:17 PM

China and Saudi Arabia have signed an MOU on investment cooperation valued at USD 65 billion and involving 35 cooperative projects. The agreement talks between Saudi King Salman and President Xi Jinping in Beijing. In rolling out a massive trade and investment initiative across Central Asia and the Middle East called "One Belt, One Road" and sees the desert kingdom as a regional linchpin.
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