Friday, March 3, 2017

Saudi-Chinese joint ventures expected to be formed during king’s visit

Rodolfo C. Estimo Jr.

Arab News — Saturday 4 March 2017

Top Saudi businessmen have expressed optimism that joint ventures or partnerships could be formed with Chinese counterparts during King Salman’s visit.
Sheikh Abdullah Al-Meleihi, board member of the Council of Saudi Chambers of Commerce and Industry, said 65-70 businessmen will join the king’s entourage during his trip, and they are looking forward to forming industrial partnerships with Chinese counterparts.
He said King Salman is expected to visit China, the world’s second-biggest economy, in mid-March. From there, he will proceed to Japan, Brunei and Jordan, where he will attend the Arab League Summit. Last Thursday he was in Indonesia, and before that Malaysia.