There are global geopolitical concerns as a result of the Chinese communist regime’s new agreement with the Kingdom of Saudi Arabia.
Crown Prince Mohammed bin Salman of Saudi Arabia oversaw the negotiations that led to the agreement at the 10th Arab-China Business Conference in the Saudi capital of Riyad. The pact is a key component of China’s Belt and Road program. Chinese-Saudi commercial ties were apparently “underscored” at the “lavish” summit.
Saudi Arabia is looking to “collaborate” with the Chinese government in a “multibillion-dollar” economic deal. With this agreement, Saudi Arabia will begin working with China on the development of electric vehicles, further strengthening connections between the two countries. According to reports, Riyadh is spearheading the “$5.6 billion” effort by Arab countries to diversify their energy usage.
Saudi Arabia has continued with the agreement despite “ignoring” concerns about its partnerships with Western countries.
It was stated that the Chinese government had mediated a deal between Saudi Arabia and Iran, which had “upended” the diplomatic status quo in the Middle East. The agreement was forged to assist Saudi Arabia and Iran agree to restore their connections after “seven years” of hostility, and it appears to have “reordered” the “usual alliances.” Due to widespread speculation in the Middle East that the United States is planning to withdraw from the region, political observers have hailed the arrangement as a diplomatic coup for China.
For months, political observers have been puzzled by the growing links between the Chinese authorities and Saudi Arabia. CNN’s analysts raised doubts in March about whether or not the United States should be worried by the growing closeness of these two countries. This followed a measure that inched Saudi Arabia closer to joining China’s Shanghai Cooperation Organization, a group of “mostly former Soviet” governments.
An analyst from the Arab kingdom told CNN that the traditional relationship between the United States and Saudi Arabia was “over” and that the two countries were no longer “monogamous.”
Middle Eastern countries, according to observers, are trying to “diversify” their global alliances because of rising tensions between global powers and the assertive politics of China and Russia.