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www.bloomberg.com
Saudi Arabia Says $50 Billion Investments Agreed at China Summit
Fahad Abuljadayel, Abeer Abu Omar
1 minute
Xi Jinping meets and Crown Prince Mohammed bin Salman at the royal palace in Riyadh, Dec. 8.
Photographer: Yue Yuewei/Xinhua/AP
"About $50 billion of investment agreements were signed during the China summit held in Saudi Arabia last week, the kingdom’s investment minister said, without giving details on the types of deals or countries involved.
The pacts included both the private and public sectors, Khalid Al Falih told Bloomberg on the sidelines of a conference Sunday in the Saudi capital, Riyadh. He didn’t specify whether the figure also reflected agreements involving other Arab nations whose leaders attended too."
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