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China looks to Saudi Arabia amid shifting sands in US economic ties


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FILE PHOTO: Flags of China and U.S. are displayed on a printed circuit board with semiconductor chips, in this illustration picture taken February 17, 2023. REUTERS/Florence Lo/Illustration/File Photo

As tensions between China and the U.S. show no signs of abating, ensnaring businesses from both countries in a seemingly endless spiral of restrictions and trade curbs, Beijing is looking elsewhere to find opportunities to bolster economic growth and expand its influence in key regions with geopolitical significance.

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