Xi on historic Saudi Arabia visit focussed on energy ties Chinese President Xi Jinping lands in Saudi Arabia for historic visitRIYADH/WASHINGTON: Chinese President Xi Jinping landed in Saudi Arabia on Wednesday for a historic visit that is likely to focus on energy ties but also follows months of tensions with the United States.
Xi, recently reanointed as leader of the world’s second biggest economy, arrived in the capital Riyadh, Chinese and Saudi state media said, for a three-day visit that will include talks with the Saudi rulers and other Arab leaders.
Saudi Foreign Minister Prince Faisal bin Farhan and Riyadh Governor Prince Faisal bin Bandar were among those who welcomed Xi at the airport, where a ceremonial purple carpet was laid out from the steps of the plane.
On major roads in Riyadh, the red-and-gold Chinese flag alternated with the green Saudi emblem. China is the top customer for oil from Saudi Arabia, the leading exporter of crude, and both sides appear keen to expand their relationship at a time of economic turmoil and geopolitical realignment.
The trip — only Xi’s third overseas journey since the coronavirus pandemic began, and his first to Saudi Arabia since 2016 — comes after US President Joe Biden’s visit in July, when he pleaded in vain for higher oil production.
It will feature bilateral meetings with Saudi King Salman and Crown Prince Mohammed bin Salman (MBS) as well as a summit with the six-member Gulf Cooperation Council and a wider China-Arab summit.
The programme represents the “largest-scale diplomatic activity between China and the Arab world since the founding of the PRC”, or People’s Republic of China, foreign ministry spokeswoman Mao Ning said on Wednesday.
The official Saudi Press Agency said the kingdom accounted for more than 20 percent of Chinese investment in the Arab world between 2005 and 2020, “making it the biggest Arab country to receive Chinese investments during that period”. Oil markets are expected to be a top agenda item for talks between China and Saudi Arabia, especially given the turbulence the markets have experienced since Russia invaded Ukraine in February. The G7 and European Union on Friday agreed to a $60-per-barrel price cap on Russian oil in an attempt to deny the Kremlin war resources, injecting further uncertainty into the markets.
On Sunday, the OPEC+ oil cartel led jointly by Saudi Arabia and Russia opted to keep in place production cuts of two million barrels per day approved in October.
Saudi and Chinese officials have provided scant information about the agenda, though Ali Shihabi, a Saudi analyst close to the government, said he expected “a number of agreements to be signed”. Beyond energy, analysts say leaders from the two countries will likely discuss potential deals that could see Chinese firms become more deeply involved in mega-projects that are central to Prince Mohammed’s vision of diversifying the Saudi economy away from oil.
They include a futuristic $500 billion megacity known as NEOM, a so-called cognitive city that will depend heavily on facial recognition and surveillance technology.
The OPEC+ production cuts approved in October represented the latest blow to the longtime partnership between Saudi Arabia and the United States, which said they amounted to “aligning with Russia” on the war in Ukraine.
Xi’s visit is expected to be closely watched in Washington, which entered into what is often described as an oil-for-security partnership with Saudi Arabia towards the end of World War II.
While the Biden administration has smarted over the production cuts, Riyadh has at times accused the United States of failing to hold up the security end of the bargain, notably after strikes in September 2019 claimed by Yemen´s Huthi rebels temporarily halved the kingdom´s crude output.
China and Saudi Arabia already work together on arms sales and production. Yet analysts say Beijing cannot provide the same security assurances Washington does — nor does it wish to.
Nevertheless, if the Saudis are “looking to extract more security guarantees from the US — signalling that they have the opportunity of strengthening ties with China is something that suits them well,” said Torbjorn Soltvedt, of the risk intelligence firm Verisk Maplecroft.
The GCC-China summit will be held in Riyadh on Friday, the bloc said in a statement.
Meanwhile, the White House on Wednesday responded to the visit of President Xi Jinping to Saudi Arabia by warning that China´s attempt to spread influence worldwide is “not conducive” to international order.
Asked about the Xi visit, White House National Security Council spokesman John Kirby told reporters that Saudi Arabia remains a crucial US ally, but he issued a warning over China.
“We are mindful of the influence that China is trying to grow around the world. The Middle East is certainly one of those regions where they want to deepen their level of influence,” he said. “We believe that many of the things they’re trying to pursue and the manner in which they’re trying to pursue it are not conducive to preserving the international rules-based order.” President Joe Biden has made what he identifies as a global competition between democracies and autocracies a central theme of his presidency. “We are not asking nations to choose between the United States and China, but as the president has said many times we believe that in this strategic competition the United States is certainly well poised to lead,” Kirby said.
Washington has close commercial, diplomatic and military relations with Saudi Arabia. Ties were badly strained by the 2018 murder, blamed by the United States on Saudi leader Mohammed bin Salman, of dissident Jamal Khashoggi, a US resident. New tensions erupted over a decision by the Saudi-led OPEC+ cartel to cut production in a bid to raise oil prices — a move seen by the Biden administration as potentially harming his Democratic party in this November’s midterm legislative elections. Kirby said Saudi Arabia had been a strategic US partner for some 80 years but noted that Biden has ordered a review of the ties.
“Yes in the wake of the OPEC+ decision a couple months ago we are reviewing that bilateral relationship and make sure that it best suits American national security interests. That work’s ongoing,” Kirby said.
Do you want to find information about anyone? There are several people search services on the Internet that can do the job for you. CocoFinder is one of the biggest names in this field.
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There are many people search platforms where most of your searches will not return false results or information. However, CocoFinder has a huge database, which means that most of the time you will get what you are looking for.
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While overall CocoFinder is a really great platform for what it does, there could be some minor improvements here and there. These include:
CocoFinder is actually faster than other competing alternatives. However, it still seems to be slower compared to regular search engines like Google. Since CocoFinder doesn’t work with a database as big as Google’s, we expect it to be just as fast (if not faster).
Although CocoFinder provides increasingly better results than other options, there are still some entries for which you may find missing results. There is always room for improvement and CocoFinder can be linked to additional databases for a better experience.
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If you need help solving a problem or if you want your information removed from CocoFinder, you can contact customer service for this purpose. The support team is very helpful in solving the problem as soon as possible.
Considering all the aspects of CocoFinder that we evaluated in this review, CocoFinder is a great service that you can use to find information about anyone. You can use it without any doubt on your head, it will serve whatever purpose you require of it.
Cameron Lautner Wework Who’s the Wework Current CEO ?
This article has been compiled to make it easy to understand the details of Cameron Lautner‘s Wework so that you can enjoy the fun and understand the basics.
Do you like watching dramas? Are you so interested in wecrashed entertainment? An investment business partner known by the name of Cameron Lautner is drawing people from Canada into the drama, as well as Canada, US, UK and Australia as we know the show is over.
There are many concerns to share and concerns to ask. Don’t worry about his emotions as we are here to help you get all the information he needs. We’ve got all the information we can on Cameron Lautner’s Wework. Let’s talk more about it We’ll talk more about it
How did Wework end?
As we have seen, the show’s plot centers on the leveraged couple behind Wework, Adam and Rebecca Neumann. They tried hard to achieve their goal and build their empire with their skills and abilities.
A few months later, everything changed and Adam lost faith in his abilities. Miguel, his best friend and co-founder, helped him through the entire process. However, Adam tells Miguel that the company will improve and he is elected CEO the next day. Let’s see who was the new CEO below:
Who is the current CEO of Wework?
Following the resignation of Adam Neumann, we saw Cameron Lautner as the new CEO of Wework. The new CEO has addressed employees with a much-needed reassurance check to focus on the current economic climate. He is cold and quiet and he doesn’t like Adam.
He informed the workers that the magician had tricked them by making up pranks. It is time to strive, strive and commit. He promised the employees better times for the future of the company. After seeing the above, Miguel quit his job out of love for his best friend.
What situations led Cameron Lautner, CEO of Wework-
It was a shocking incident discovered by Neumann. It was reported that Neumann had obtained private loans from Wework at below-market rates to finance his extravagant lifestyle. He also went on to buy the name of the word, and Wework paid him $5.9 million to allow the phrase to be used.
According to Vermoegenet.de, WeWork has a market capitalization of $2.11 billion, which means they can keep their extravagant lifestyle alive, but that could end soon.
After the initial public offering failed, SoftBank, which is its biggest investor, bought Wework. Neumann also stepped down as CEO and relinquished a majority stake in Wework merchandise.
Why is it a trend?
The events of this particular episode were so mysterious. The circumstances that brought the current CEO of Wework to the stage were sad but moving audiences. This is the reason why he becomes popular.
Is Wecrashed based on a true story?
Wecrashed is not based on a true story. However, this particular drama is an adaptation of a podcast of the same name. Without a doubt, Apple TV showed the series in a more intriguing way.
In conclusion, the drama in question is a love story worth 47 billion dollars. Wecrashed highlighted the consequences of a couple whose selfishness pushed the company through a lot of trouble. As we mentioned, Wework’s Cameron Lautner is a great example of a prophet to employees.
The data collected is based on Internet research here. Also, to understand more, you can click here. And let us know his thoughts on the ending.
A great war, financial ruin and more: Nostradamus predictions for 2023
The famous French astrologer Michel de Nostrdames, known simply as Nostradamus, prepared a book of chilling predictions called The Prophecies, which he published more than 450 years ago. And, despite the antiquity of the book, many of its predictions came true.
The contents of the book contained dire predictions about World War II, Adolf Hitler’s rise to power, and the French Revolution, all of which were eerily accurate. He not only predicted these events, but successfully predicted the assassination of the 35th President of the United States, John F. Kennedy, and even the 9/11 attacks on the World Trade Center.
While his predictions are never tied to a specific date, here are some that could come true in 2023:
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