China, Saudi sign energy deals during Wen visit

[FarCenter]

The Chinese leader met King Abdullah on Sunday, Saudi state news agency SPA said, adding that the two leaders "discussed regional and international developments, as well as cooperation between the two countries."

Saudi Arabia is the largest supplier of oil to energy-hungry China and bilateral trade between the two countries amounted to $58.5 billion in the first 11 months of 2011, according to Xinhua Chinese news agency.

The two countries inked several economic and cultural agreements on Sunday including a Memorandum of Understanding between Saudi petrochemical giant SABIC and China's Sinopec to build a petrochemical plant in Tianjin, SPA said.

They also signed a cooperation agreement for the "peaceful use of nuclear energy," it added without elaborating.

http://www.france24.com/en/20120115-china-saudi-sign-energy-deals-during-wen-visit