Close Menu
The Politic ReviewThe Politic Review
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Trending

Australia Begins Mandatory Age Checks for Search Engines

July 11, 2025

President of Brazil Gripes: ‘Totally Disrespectful’ for Trump to Threaten Tariffs on Truth Social

July 11, 2025

U.S. State Department Firing over 1,300 Workers as President Trump Shrinks ‘Bloated’ Government

July 11, 2025
Facebook X (Twitter) Instagram
  • Donald Trump
  • Kamala Harris
  • Elections 2024
  • Elon Musk
  • Israel War
  • Ukraine War
  • Policy
  • Immigration
Facebook X (Twitter) Instagram
The Politic ReviewThe Politic Review
Newsletter
Friday, July 11
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
The Politic ReviewThe Politic Review
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Home»World»China Flaunts Farm Deal with Saudi Arabia After Trump Visit
World

China Flaunts Farm Deal with Saudi Arabia After Trump Visit

Press RoomBy Press RoomMay 15, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram

China’s state-run Global Times on Wednesday boasted of over $4 billion in agricultural contracts signed by China and Saudi Arabia on Tuesday, the same day President Donald Trump was announcing historic deals in Riyadh.

“Chinese and Saudi enterprises and institutions signed more than 70 cooperation agreements with a total value exceeding $4 billion, covering areas such as green technology application, intelligent equipment output, biological breeding research and development and cross-border supply chains,” the newspaper reported.

The announcements were made by a “sub-council” of the China Council for the Promotion of International Trade (CCPIT) in Beijing. The CCPIT is a trade organization founded in the 1950s to promote business deals between Chinese companies and foreign corporations.

“China and Saudi Arabia have strong complementarity in the agricultural field, and great potential for cooperation in infrastructure construction, agricultural product production and processing, smart agriculture, green planting and breeding,” said CCPIT Party Secretary Zhang Jianwei.

The Global Times noted that “Saudi Arabia is China’s largest trading partner in the Middle East, and China is also Saudi Arabia’s largest trading partner.” Bilateral trade between the two countries has grown to over $107 billion. Chinese companies have a large number of partnerships with Saudi firms, particularly joint projects to build desalination plants.

The arms deal with Saudi Arabia announced by President Trump on Tuesday was worth $142 billion, which is substantially more than the annual trade volume between China and Saudi Arabia, so it is not surprising the Chinese would be eager to take some of the spotlight by announcing a few big Saudi deals of their own.

There would seem to be little reason for Beijing to feel insecure about its relationship with Riyadh, since that relationship has long been based on a very solid foundation: China’s voracious appetite for fossil fuels. The Saudis are China’s second-largest supplier of crude oil after Russia, with exports holding steady at nearly 50 million barrels per month, although China bought more before its economy was weakened by the Wuhan coronavirus pandemic.

China was quick to respond when Crown Prince Mohammed bin Salman (MBS), the de facto chief executive of Saudi Arabia, announced his “Saudi Vision 2030” plan a decade ago. A key element of the plan was attracting more foreign investment to Saudi Arabia in order to make the economy less dependent on petroleum exports.

One of the riskier plays President Trump made to woo the Saudis away from China was offering a deal that would give the Saudis access to advanced American semiconductor chips. Some analysts are concerned the deal, which has not yet been formally announced, could give China access to banned chips through their close relationship with the Saudis.  On the other hand, it could help the U.S. build a decisive lead in the crucial A.I. leadership race.

On Tuesday, Nvidia and Advanced Micro Devices Inc. (AMD) announced a partnership to provide semiconductors to Humain, an artificial intelligence (A.I.) company owned by the Saudi Public Investment Fund.

The two U.S. companies said President Trump’s initiative to open technology exports to Saudi Arabia would give them access to a huge new market for their products, and would also boost America’s efforts to maintain A.I. leadership, because the data centers needed for A.I. projects consume huge amounts of energy, which the Saudis can provide. AMD envisioned a $10 billion chain of powerful data centers “stretching from the Kingdom of Saudi Arabia to the United States.”

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Articles

World

Australia Begins Mandatory Age Checks for Search Engines

July 11, 2025
World

Fyodor Lukyanov: The West mocked BRICS for years but now it’s paying attention

July 11, 2025
World

China Is ‘Reviewing the Situation’ After Ukraine Arrests Two Chinese Nationals for Alleged Espionage

July 11, 2025
World

Trump teases ‘major statement’ on Russia

July 11, 2025
World

Houthis Claim ‘A Number of Ship’s Crew’ Captured After Red Sea Terror Attack

July 11, 2025
World

EU ‘has no money except for war’ – Hungarian official

July 11, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

President of Brazil Gripes: ‘Totally Disrespectful’ for Trump to Threaten Tariffs on Truth Social

July 11, 2025

U.S. State Department Firing over 1,300 Workers as President Trump Shrinks ‘Bloated’ Government

July 11, 2025

Fyodor Lukyanov: The West mocked BRICS for years but now it’s paying attention

July 11, 2025

LA Mayor Karen Bass to Give Cash and Food to Help Illegal Aliens Hide From ICE to “Protect People From the Federal Government”

July 11, 2025
Latest News

Golden Age: Trump Tariffs Deliver Surprise Budget Surplus

July 11, 2025

Trump to Canada: Stop Fentanyl and End Dairy Tariffs or Face 35 Percent Penalty

July 11, 2025

California Pot Farm Under Investigation For Child Labor Violations After 10 Illegal Alien Juveniles Found at Facility During Raid

July 11, 2025

Subscribe to News

Get the latest politics news and updates directly to your inbox.

The Politic Review is your one-stop website for the latest politics news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram Pinterest YouTube
Latest Articles

Australia Begins Mandatory Age Checks for Search Engines

July 11, 2025

President of Brazil Gripes: ‘Totally Disrespectful’ for Trump to Threaten Tariffs on Truth Social

July 11, 2025

U.S. State Department Firing over 1,300 Workers as President Trump Shrinks ‘Bloated’ Government

July 11, 2025

Subscribe to Updates

Get the latest politics news and updates directly to your inbox.

© 2025 Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.