Chinese tech firms deepen ties in Saudi Arabia

Image for article 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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