• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts
Oneindia App Download

China's Xi Jinping visiting Saudi Arabia amid bid to boost economy

|
Google Oneindia News

Beijing, Dec 07: Chinese leader Xi Jinping is attending a pair of regional summits in Saudi Arabia this week amid efforts to kick-start economic growth weighed down by strict anti-COVID-19 measures. The Foreign Ministry said on Wednesday that Xi will attend the inaugural China-Arab States Summit and a meeting with leaders of the six nations that make up the Gulf Cooperation Council in the Saudi capital of Riyadh. His state visit to Saudi Arabia will end on Saturday.

China is the world's second-largest economy and a major source of outward investment.To fuel massive demand, it imports half its oil, of which half of those imports come from Saudi Arabia, amounting to tens of billions of dollars annually.

Chinese leader Xi Jinping

China's economic growth had been on a steady decline for years and was dealt a major blow by rolling lockdowns imposed across the country as a response to the COVID-19 pandemic. Chinese economic growth rebounded to 3.9 per cent over a year earlier in the three months ending in September, up from the first half of the year's 2.2 per cent, but still well short of the government target.

Protests in China are by mainly students frustrated due to Covid: Xi JinpingProtests in China are by mainly students frustrated due to Covid: Xi Jinping

China's COVID-19 infection numbers are lower than those of the United States and other major countries. But the ruling party is sticking to "zero-COVID," which calls for isolating every case, while other governments are relaxing travel and other controls and trying to live with the virus.

China's ruling Communist Party shares many of the authoritarian tendencies of Saudi Arabia and other Gulf states, shielding Beijing from criticism over its harsh policies toward Uyghurs and other Muslim minorities.

More than a million have been sent to detention centers where they report being forced to denounce Islam and swear fealty to Xi and the party. Beijing denies the charges, saying they have been providing job training and ridding Muslims of extremist, separatist and terroristic tendencies.

With no major differences between them on human rights, the tone of Xi's visit is "likely to be much more positive" than the visit earlier this year to the kingdom by US President Joe Biden, the political risk consultancy Eurasia Group said in a report. "Nevertheless, the relationship still has a long way to go if it is to become as deep and nuanced as Saudi-US ties," the report said.

Despite Biden's earlier pledges to hold Saudi Arabian leader Crown Prince Mohammed bin Salman responsible for the killing of a US-based journalist, his administration last month said the prince's high office should shield him from a lawsuit over his role. A US federal judge on Tuesday dismissed the lawsuit.

The US military has long safeguarded Saudi Arabia from external enemies, in exchange for Saudi Arabia keeping global oil markets afloat. The trip to Saudi Arabia marks a further move by Xi to restore his global profile after spending most of the pandemic inside China. The visit is just Xi's third overseas trip since early 2020. It also comes amid questions about the Chinese public's support for Xi, who has cracked down relentlessly on free speech and purged political rivals.

Xi was granted a third five-year term as leader in October, but street protests against "zero-COVID" policies last month saw the most significant public challenge to his rule and may have prompted a relaxation of some measures.

China: Xi follows Jiang's vices but what about his virtues?China: Xi follows Jiang's vices but what about his virtues?

Chinese companies have become major players in Saudi Arabia's move to upgrade its infrastructure, among them construction firms and the telecoms giant Huawei.

More deals are expected to be signed during Xi's visit, including in the defense sector, where Saudi Arabia has shown signs of moving away from its traditional dependence on the US. "The Saudi visit will allow Xi to be the centre of attention and regional leaders will be receptive to the Chinese perspective,'' Eurasia Group said in its report. "That these exchanges are coming amid a backdrop of challenging ties between Mideast capitals and Washington will not be lost on Beijing.''

For Daily Alerts
Best Deals and Discounts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X