It’s a busy day for Saudi in the international press, with deepening China-Saudi ties and the World Cup 2034 bid making the rounds.
Saudi’s warming ties with China — which is emerging as a major trade and investment partner to the Kingdom and rivaling the US — got attention from the Financial Times. China’s greenfield investments in the Kingdom totaled USD 21.6 bn since 2021, far outpacing the US’ USD 12.5 bn tally for the same period. China is keen on doubling down on economic partnerships with Saudi as it faces mounting threats of tariffs from Western governments. Meanwhile, Saudi is keen to leverage Chinese investments to advance the diversification agenda, the salmon-colored paper wrote.
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Meanwhile, Reuters shines the spotlight on the Kingdom’s human rights progress ahead of the World Cup vote next week. Speaking to the newswire, head of Saudi’s 2034 World Cup bid Hammad Albalawi pointed to labor reforms granting greater rights to migrant workers. Meanwhile, rights groups including Amnesty International continue to lobby FIFA to put a stop to Saudi’s plans to host the 2034 World Cup, citing human rights concerns.