China counters US influence in Gulf with more energy deals

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Chinese leader Xi Jinping vows to import more oil and natural gas from energy-rich Gulf Arab states while not interfering in their affairs, likely seeking to cast Beijing in a more favourable light than Washington as America's attention in the region wanes.

abc.net.au/news/china-xi-promises-to-buy-more-mideast-oil/101757852Chinese leader Xi Jinping has vowed to import more oil and natural gas from energy-rich Gulf Arab states while not interfering in their affairs, likely seeking to cast Beijing in a more favourable light than Washington as America's attention in the region wanes.

China's hands-off approach could appeal to leaders such as Saudi Crown Prince Mohammed bin Salman, who stands ready to rule the oil-rich kingdom for possibly decades, even after facing widespread international criticism over the killing of Washington Post columnist Jamal Khashoggi and the still-raging war in Yemen.

China relies on the Gulf Arab states, particularly Saudi Arabia, for billions of dollars in crude oil imports to power its economy as it tries to slowly ease out of its strict anti-coronavirus policy. Higher prices could see the prince’s dreams of developing the $US500 billion futuristic city of Neom on the Red Sea to overhaul the Saudi economy come true.

 

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The possibility of execution of the 20 yo protester MahanSadrat is very high. Mahan is innocent and the IR wants to suppress protests by executing him. News has been reported from the prison that Mahan is set to be executed any minute. please Let the world know.

It's why I like Ev's . Cuts out Arabian petrol

Scary

Birds of the same feather flock together, Xi and MBS .

No one in these comments seems to realise how bad this is for Western hegemony.

And vassal Australia goes down with the collapsing US

Good for them 👍

replace the dollar with yuan? WW3 anyone?

Oh oh… Saudi will pay with RMB and not $US

The west wrecks their economies chasing the renewables myth, while China moves in and takes over. He who controls oil controls the world.

includes defense systems and 5G technology.

Good. Democracies should move away from reliance on China and the Middle East for anything. It'd be great if we did not have anything to do with these countries.

It’s so good that the Biden family took money from China and is doing everything possible to ensure the collapse of the USA so that China becomes the most powerful country on earth.

Remind me what all those solar panels and wind turbines are for again ABC...

Keep throwing that money around Xi while your country is tanking.

Dictators, assemble

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