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China-Saudi Arabia ties lifted to comprehensive strategic partnership

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President Xi and the Saudi king witnessed the signing of 14 major trade deals, most of which are focused on non-oil industries.

The areas include new energy, culture and industrial capacity cooperation.

This comes as Saudi Arabia is facing its largest deficit in history, on the back of tumbling oil prices.

It’s hoped the new deals will give a much needed boost to the local economy.

 

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