Edited By WION Video Desk
Published: Aug 04, 2024, 05:10 IST | Updated: Aug 04, 2024, 05:10 IST
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World Business Watch Aug 04, 2024, 05:10 IST
Saudi-China $50bn deal challenges West
Saudi Arabia’s public investment fund has struck a landmark deal with six top Chinese financial institutions, totaling $50 billion. This significant move underscores a broader trend of de-westernization and marks a notable shift away from traditional Western financial dominance.
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