Courtesy of The Financial Times, a report on a Saudi Arabian fund’s recent investment in China’s most promising generative AI start-up: A Saudi Arabian fund has backed China’s most prominent generative artificial intelligence start-up, becoming the only foreign investor in the country’s efforts to create a homegrown rival to OpenAI. Prosperity7, part of the state-owned […]
Read more »Via OilPrice.com, a report of China’s Sinopec’s plans to build gas pipelines for Saudi Aramco in $1-Billion deal: A subsidiary of China’s energy giant Sinopec has signed a $1.3-billion deal with Saudi Aramco to procure and build pipelines for an expansion of the Kingdom’s natural gas distribution network, the Chinese firm said on Thursday. Under the turn-key fixed-price […]
Read more »Via South China Morning Post, an article on growing ties between Qatar and China: After his visit to Beijing to sign US$6 billion shipbuilding deal, Saad bin Sherida al-Kaabi reports friendly meetings and good prospects for further cooperation Behind the shipping deal, there is strong demand for the Gulf state’s natural gas from China, which […]
Read more »Via the European Council on Foreign Relations, a report on China’s blossoming relationship with Saudi Arabia and the UAE Summary The blossoming but still immature relationship between China and the two key Gulf states, Saudi Arabia and the UAE, has implications that reach far beyond the Middle East. Saudi Arabia and the UAE are emerging […]
Read more »Courtesy of Nikkei Asia, an interesting article on Japan’s convenience store chains having to look abroad in Asia for more growth: It’s 50 years since Kenji Yamamoto opened the doors at what would become part of the fabric of Japan: the country’s first modern-day convenience store. But 50 years from now, Japan’s population is projected […]
Read more »Via Caixin, a report on a Chinese lithium giant’s Chilean headache: The Chilean government’s move to take greater control over the country’s largest lithium reserve in a deal with local giant SQM has put its Chinese shareholder Tianqi Lithium in a bind, and comes as developing nations around the world take a greater interest in […]
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