It was King Abdullah’s first trip away from home since assuming the throne that oversees the world’s largest reserves of crude oil. It was telling that his first outing beyond the desert kingdom of Saudi Arabia brought him to the Middle Kingdom, widely expected to remain the world’s primary engine of demand growth for petroleum in the foreseeable future. In purely economic terms, it’s a marriage made in heaven: supplier and buyer holding hands, sharing tributes, and otherwise embracing each other’s press releases.
“Your excellency is the first Saudi King to visit China,” intoned Chinese President Hu Jintao on Monday in talks with the Saudi king, via CRI Online. “This is also your excellency’s first visit to another country since coming to the throne. And China is the first stop of your excellency’s tour. These three ‘firsts’ themselves demonstrate the importance you attach to Sino-Saudi relations.”
Supplier meets consumer…
Source: CHINAdaily