China inks energy deals with Saudis

Oil-rich Saudi Arabia and energy-starved China signed defense, security and trade agreements on the first day of Chinese President Hu Jintao’s (胡錦濤) visit, a trip both sides expect will enhance burgeoning relations.

Hu also visited the headquarters of Saudi Basic Industries Corp (SABIC), the Middle East’s largest non-oil industrial company, where he discussed a US$5.3 billion petrochemical project in China in which the Saudis are interested in investing.

..”We need to maintain links to America, but we are not a gas station. America has to realize we want friends, not masters,” Al-Maeena, editor of the English-language Arab News daily, said.

Taipei Times