58 - China and Saudi Arabia's Green Partnership

How is the alliance between China and Saudi Arabia reshaping the global energy landscape through green technology investments?

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The Climate Mentor
December 13th, 2024 • Estimated Reading Time: 4 minutes

New bridges

China and Saudi Arabia, traditionally linked by oil trade, are forging a transformative partnership centered on green technology.

This strategic alliance aims to diversify their respective economies, create a eastern block and promote sustainable development, signaling a significant shift in global energy dynamics.

Pie chart illustrating China's $20 billion investments and contracts in Saudi Arabia by sector: Energy leads with $6.86 billion (33%), followed by Utilities at $4.16 billion (20%), Transport at $3.89 billion (19%), Real Estate at $3.71 billion (18%), Chemicals at $1.08 billion (5%), Agriculture at $0.2 billion (1%), and Other at $0.78 billion. Data from the American Enterprise Institute's China Global Investment report.

Strangers to strategic partners: Thirty years of Sino-Saudi relations

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