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China, Saudi Arabia signed $65 billlion in deals as King Salman visits

China, Saudi Arabia signed $65 billlion in deals as King Salman visits

Thursday, March 16, 2017, 9:06 PM

Saudi Arabia’s King Salman oversaw the signing of deals worth as much as $65 billion on the first day of a visit to Beijing on Thursday, as the world’s largest oil exporter looks to cement ties with the world’s second-largest economy. The deals included a memorandum of understanding (MoU) between giant state oil firm Saudi Aramco and China North Industries Group Corp (Norinco).
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