Saudi Arabia's King Abdullah arrived in China yesterday for talks with top leaders about possible energy cooperation and anti-terror measures.
The three-day visit is the first to China by a Saudi ruler since the two countries formed diplomatic relations in 1990
The world's number two oil consumer, China has been scouring the globe for crude to feed its booming economy and the king's visit follows soon after Beijing's first formal talks with OPEC in late December.
Chinese analysts said that while China is eager for stable oil supplies, it has neither the cash nor will to challenge the US -- Saudi Arabia's top diplomatic ally outside the region and also its biggest oil customer -- for its role in the Middle East.
Saudi Arabia was China's top supplier of oil in the first 11 months of last year, providing 17 percent of its imports, nearly 440,000 barrels per day (bpd).
But this was under a third of shipments to the US over the same period, at 1.43 million bpd.
China and the US both want to see oil flowing uninterrupted from the Middle East, said one Chinese energy expert with government connections who declined to be named.
"If the US is willing to keep soldiers there, we are happy to keep quiet. This trip has potential [only] in the imaginations of people in Washington who worry about the China connection ... maybe it's in the Saudi interest to leave room for imagination," said the energy expert.
Saudi desires to avoid highlighting its ties to Washington, as much as long-term strategic planning, may have pushed China to the top of the king's agenda, said Zhang Bin (張斌) of the Center for Energy Strategy at the foreign ministry think-tank China Institute of International Studies.
"At the moment the United States has a lot of problems in the Islamic world. Its relationship is not very good, so they may have wanted to avoid going there first," he said.
China and Saudi Arabia have dramatically expanded commercial ties in recent years as Beijing tries to expand energy supplies for its booming economy.
The main Saudi government oil company, a Chinese producer and Exxon Mobil Corp. are partners in a US$3.5 billion project to expand a refinery in southern China.
Total trade between the two countries -- much of it Saudi oil bought by China -- grew by 59 percent in the first 11 months of 2005 to US$14 billion.
China is already in talks about establishing a free trade area with the Gulf Cooperation Council, a regional economic organization with the six member states of Saudi Arabia, Kuwait, Qatar, Oman, Bahrain and the United Arab Emirates.
Topics on the table for discussion besides energy will be counter-terrorism and military cooperation, a Chinese foreign ministry spokesman said.
Saudi Arabia has been fighting a campaign launched by Islamists sympathetic to al-Qaeda to topple the monarchy. China also says it faces a security threat from Muslim extremists in Xinjiang.
Gaza is rapidly running out of its limited fuel supply and stocks of food staples might become tight, officials said, after Israel blocked the entry of fuel and goods into the war-shattered territory, citing fighting with Iran. The Israeli military closed all Gaza border crossings on Saturday after announcing airstrikes on Iran carried out jointly with the US. Israeli authorities late on Monday night said that they would reopen the Kerem Shalom crossing from Israel to Gaza yesterday, for “gradual entry of humanitarian aid” into the strip, without saying how much. Israeli authorities previously said the crossings could not be operated safely during
Hungarian authorities temporarily detained seven Ukrainian citizens and seized two armored cars carrying tens of millions of euros in cash across Hungary on suspicion of money laundering, officials said on Friday. The Ukrainians were released on Friday, following their detention on Thursday, but Hungarian officials held onto the cash, prompting Ukraine to accuse Hungary’s Russia-friendly government of illegally seizing the money. “We will not tolerate this state banditism,” Ukrainian Minister of Foreign Affairs Andrii Sybiha said. The seven detained Ukrainians were employees of the Ukrainian state-owned Oschadbank, who were traveling in the two armored cars that were carrying the money between Austria and
Kosovar President Vjosa Osmani on Friday after dissolving the Kosovar parliament said a snap election should be held as soon as possible to avoid another prolonged political crisis in the Balkan country at a time of global turmoil. Osmani said it is important for Kosovo to wrap up the upcoming election process and form functional institutions for political stability as the war rages in the Middle East. “Precisely because the geopolitical situation is that complex, it is important to finish this electoral process which is coming up,” she said. “It is very hard now to imagine what will happen next.” Kosovo, which declared
Counting was under way in Nepal yesterday, after a high-stakes parliamentary election to reshape the country’s leadership following protests last year that toppled the government. Key figures vying for power include former Nepalese prime minister K. P. Sharma Oli, rapper-turned-mayor Balendra Shah, who is bidding for the youth vote, and newly elected Nepali Congress party leader Gagan Thapa. In Kathmandu’s tea shops and city squares, people were glued to their phones, checking results as early trends flashed up — suggesting Shah’s centrist Rastriya Swatantra Party (RSP) was ahead. Nepalese Election Commission spokesman Prakash Nyupane said the counting was ongoing “in a peaceful manner”