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Saudi's Aramco could list in Hong Kong as China relations warm

News broke this week that Saudi Arabia’s state oil company, Aramco, is further strengthening its relationship with the Chinese market. Aramco’s latest deal is a 10% acquisition of oil refining firm Rongsheng Petrochemical Co. for $3.6 billion. This deal was announced a day after Aramco confirmed a new venture with two other Chinese oil companies to build a refinery in the country’s northeast. ....

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Toward a golden age of China-Arab relations

The recent three-day visit of President Xi Jinping to Saudi Arabia has revealed many astonishing factors while building greater cooperation in many fields. While President Xi attended summits and met with leaders of the Gulf countries, the Chinese side signed multiple memorandums of understanding to further deepen trade and investment with the region's countries. The China-Gulf summit was also held during Xi's three-day visit to the region. ....

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