Not long ago, leaders visited Saudi Arabia and received a warm and high-standard reception. The relationship between China and Saudi Arabia and the relationship between and the Middle East have entered a new historical stage. I also want to know more about the country Saudi Arabia.
After 1973, the Saudis were indeed going crazy in the world, and even the Americans, who always had eyes on their foreheads, had to be careful when dealing with the Saudis. There is oil in Saudi Arabia, and Saudi Arabia is very rich.
Saudi Arabia's fiscal balance mainly comes from oil. Saudi Arabia relies on oil exports to maintain its dominant position in the world oil market. Saudi Arabia also has a unique status in the Middle East because of its wealth. From 1976 to 1980, Saudi Arabia spent 6% of its national income on a total of US$20 billion in aid to developing countries, most of which were Arab countries. In May 1981, Saudi Arabia once provided a loan of US$9.5 billion to the International Monetary Fund. In the short term, Saudi Arabia made sacrifices, but in the long term, this loan of US$9.5 billion enabled Saudi Arabia to enter the national industry that can operate the International Monetary Fund .
Saudi Arabia has a large part of its funds invested in U.S. dollars, many of which come from the European dollar market. It has less investment in Swiss francs, pounds, and German marks. Since the amount of foreign exchange controlled by Saudi Arabia is extremely large, if it exports U.S. dollars, the price of the U.S. dollar will fall. If it transfers enough Japanese yen, the price of the Japanese yen will fluctuate hugely.
The funds of the Saudi monetary authorities are generally different from real estate and other real estate, because they know that Westerners have become very sensitive to this out of the fear of Arabs that they will buy up all the West. The Saudi monetary authorities often invest in stocks, treasury bonds, etc. on Western stock exchanges through investment brokers. The Saudi monetary authorities often invest in stocks, treasury bonds, etc. on Western stock exchanges through investment brokers. The value of oil revenue is under inflationary pressure, and the government directly lends to the governments of some countries.
In February 1980, in Riyadh, the capital of Saudi Arabia, an American billionaire was kneeling on the carpet, sweating profusely while slaughtering a whole sheep. Opposite him was a crowd of Saudi princes and businessmen, who were all eating roasted whole sheep together. People were wondering why? Why let this American cut the mutton for the Saudis himself?
It is said that this American came to Saudi Arabia to raise funds to engage in some risky ventures. He wanted to buy all the silver in the world in order to manipulate the world silver market and determine the world silver price. But to carry out this undertaking, a huge amount of funds needed to be raised, so he came to Saudi Arabia . His efforts were not in vain. He entertained the Saudis in Islamic traditional ways, and the Saudis also donated generously to him. He found several investors in Saudi Arabia who had more than a billion dollars in remaining funds. This is called money making the world go round! [Face covering]
Saudi Arabia’s position in the Arab world is very special and important. It is also an important pole of petrodollars. Having a good relationship with Saudi Arabia is the need for China to open up! We have many friends and few enemies. Why not cooperate and make a fortune?
learned some relevant knowledge out of interest and shared it with friends! [呲呲]
