{"id":92256,"date":"2024-12-05T00:00:00","date_gmt":"2024-12-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/ksa\/2024\/12\/05\/saudis-ties-with-china-2034-world-cup-get-ink\/"},"modified":"2024-12-05T00:00:00","modified_gmt":"2024-12-05T00:00:00","slug":"saudis-ties-with-china-2034-world-cup-get-ink","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/ksa\/2024\/12\/05\/saudis-ties-with-china-2034-world-cup-get-ink\/","title":{"rendered":"Saudi\u2019s ties with China + 2034 World Cup get ink"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a busy day for Saudi in the international press<\/strong>, with deepening China-Saudi ties and the World Cup 2034 bid making the rounds. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi\u2019s warming ties with China \u2014 which is emerging as a major trade and investment<\/strong><strong> partner to the Kingdom and rivaling the US<\/strong> \u2014 got attention from the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/f0babafc-57e6-434f-9d94-013c312dc0f9\" style=\"\" rel=\"noopener\">Financial Times<\/a>. China\u2019s greenfield investments in the Kingdom totaled USD 21.6 bn since 2021, far outpacing the US\u2019 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. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/sports\/soccer\/saudi-arabias-2034-world-cup-bid-chief-highlights-human-rights-progress-2024-12-03\/\" style=\"\" rel=\"noopener\">Reuters<\/a><\/strong><strong> shines the spotlight on the Kingdom\u2019s human rights progress<\/strong> ahead of the World Cup vote next week. Speaking to the newswire, head of Saudi\u2019s 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\u2019s plans to host the 2034 World Cup, citing human rights concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi equity markets are expected to rebound in 2025<\/p>\n","protected":false},"author":1,"featured_media":92257,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2561],"tags":[470,10,229,569,2452],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-92256","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-saudi-in-the-news","tag-2034-fifa-world-cup","tag-enterpriseam-ksa","tag-saudi-in-the-news","tag-saudi-china-relations","tag-tadawul","wpautop","entry"],"acf":{"mongo_id":"b077d15d-1ae6-41a8-9407-252bd8357d11","order":"10","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/12\/515.jpg","photo_position":"above","homepage_title":"","full_issue_title":"It\u2019s a mixed bag for the Kingdom in the foreign press","related_issue":[92238],"teaser":"Saudi equity markets are expected to rebound in 2025","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.f3eca108-4526-4a93-8427-14226160c277.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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