Cooperation with China on investment opportunities looks bright, experts say
With environmental sustainability emerging as a key theme in their mutual engagement, China and Saudi Arabia can identify new opportunities for cooperation under the Belt and Road Initiative in order to promote green investments, analysts said.
The prospects for such investments are looking brighter after the Saudis announced a campaign to tackle climate change and curb carbon emissions. And, with China s endorsement of the plan, the ground is set for an enhanced partnership between the two sides.
In a phone call with Chinese President Xi Jinping on April 20, Saudi Arabia s Crown Prince Mohammed bin Salman said his country is willing to work with China to cement the strategic synergies between Vision 2030 and the BRI. Xi, in turn, said China supports Saudi Arabia s proposals and stands ready to take their partnership to new levels.
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