Saudi Arabia hopes to draw more investment from Chinese companies not only in crude oil and chemicals but across a slew of other industries — from mining, automobiles and property to digital infrastructure, renewables and cloud computing — as the kingdom seeks to diversify its economy. For the oil-dependent Gulf country, digital transformation is needed, Saleh Khabti, a Saudi deputy minister for investment, said June 7 in an interview with Caixin before the 10th Arab-China Business Conference in Riyadh June 11–12.

https://www.caixinglobal.com/2023-06-15/saudi-arabia-wants-more-chinese-investment-102065975.html

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