Riyadh – Mubasher: Saudi Arabia and China plan to establish a $20 billion investment fund, with shared management and establishment costs, and profits, Khalid Al-Falih, the Saudi minister of energy, industry, and mineral resources, said on Thursday.
Besides the fund's establishment, it is forecast that eleven commercial agreements will be signed between the two states at a value of $20 billion, Al-Falih added during his meeting with the Chinese vice president in the second round of the Saudi- Chinese joint committee.
