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MENAFN - 21/02/2014
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(MENAFN) #China and #SaudiArabia have reported a record high in trade between them, and is expected to keep growing in the coming years, according to Arab News



Chinese Ambassador to #SaudiArabia Li Chengwen said: "The two countries have mutually beneficial economic and trade relations, and they still do. #SaudiArabia is one of the most important trade partners at the economic and trade cooperation level, and the largest among Arab and Afican countries in the last 12 years.




China is expected to rank first as the largest importer of oil from the Middle East, replacing the United States



The ambassador said: "This is the reason for my government being very keen on boosting economic relations with #SaudiArabia since the Chinese economy is in need of a stable and continuous energy supply, and the Saudi economy needs the wide and extended energy markets.

 
 


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