Chinese tech firms deepen ties in Saudi Arabia
News Source : Semafor.com
News Summary
- A flood of deals have been announced to bring Chinese robotaxis, laptops, AI models, and data centers to the kingdom.
- Crown Prince Mohammed bin Salman is pouring billions of dollars into developing a domestic tech ecosystem.
- The Gulf “is of vital importance for China’s tech outreach,” James Kynge, senior research fellow for China and the world at Chatham House, told Semafor.
- In a departure from business strategies of the past, this current cohort of Chinese companies has a mandate to expand internationally.
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