February 22, 2019 / 12:26 PM / 6 months ago

Saudi, China sign $28 billion worth of economic accords - SPA

Saudi Arabia's Crown Prince Mohammed bin Salman poses for camera with the Chinese Ambassador to Saudi Arabia Li Huaxin during a visit to Great Wall of China in Beijing, China February 21, 2019. Bandar Algaloud/Courtesy of Saudi Royal Court/Handout via REUTERS

DUBAI (Reuters) - Saudi Arabia and China signed economic cooperation agreements worth a total of $28 billion at a joint investment forum during a visit by Saudi Crown Prince Mohammed bin Salman to Beijing, Saudi state news agency SPA said on Friday.

It said 35 agreements had been signed at the forum, held by Saudi Arabia’s investment agency SAGIA. It also said four licenses for Chinese companies had been awarded at the forum, without giving any details.

Reporting by Sylvia Westall; Editing by Gareth Jones

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