Know why Saudi Arabia jolts to China?

The relationship between China and Saudi Arabia may be derailed due to Pakistan

AUG 27 (WTN) - As you know, the Coronavirus infection epidemic is the biggest challenge facing human civilization at this time. The economy of all countries has been affected by the Coronavirus infection epidemic spread from Wuhan city of China. At the same time, due to the lockdown, normal life has also been affected due to the closure of the industry, business, and offices. Here, due to all these reasons, the consumption of petrol and diesel across the world has seen a huge decline, which has adversely affected the economy of countries with oil based economy.

It is clear that due to Coronavirus, countries with oil-based economies are suffering many challenges, and these countries are directly or indirectly blamming China for this loss. However, these countries would like to teach China a lesson in one way or the other. But, before China's economic and strategic potential, some countries are sitting silently and waiting for an opportunity.

But, financially rich Saudi Arabia has given a major jolt to China at the moment. In fact, Saudi Arabia's state-run oil company Aramco has separated itself from a $10 billion deal with China to build a refining and petrochemicals complex.

Actually, this step taken by Saudi Arabia against China is considered to be a big step. That's why because diplomatic relations between China and Saudi Arabia were very good before the Corona crisis. The close relations between these two countries had increased so much that Saudi Arabia had kept silence over the atrocities on Uygar Muslims in China and refused to even intervene and speak in the said matter, calling it was an internal matter of China while Muslims have two pilgrimage sites in Saudi Arabia.

However, the Corona crisis has led to a decrease in oil consumption and demand internationally. And for this reason, a steep decline in oil prices is observed. And due to one of the solid reasons, the world's largest oil company Aramco has withdrawn itself from a $10 billion deal with China. For your information, let's know that Aramco has taken a big decision to stop investing in China's northeastern province Liaoning.

However, oil is not the only reason behind pulling itself back from this big deal with China. Because if that were the case, Saudi Arabia would have canceled a similar agreement with India. For your information, let's know that Aramco had announced investment in the proposed 44 billion dollar Ratnagiri Mega Refinery project in Maharashtra. However, Aramco has made it clear that the company has not made any changes to its investment plan in India at present. At the same time, it also includes a $15 billion deal with Reliance Industries, which will be continued.

It is clear that despite the decrease in oil demand and the fall in oil prices, Saudi Arabian state-owned oil company Aramco has shown interest in India's refinery project but has separated itself from the project in China. Actually, there are many reasons behind this. The first and biggest reason is the Coronavirus infection. Because it seems that Saudi Arabia has realized that the Coronavirus infection has spread due to the mistake, negligence, and irresponsible attitude of the Chinese leftist government.

At the same time, Saudi Arabia may have taken this step despite being annoyed by the increasing proximity of China and Pakistan. In fact, because of not getting the support of Saudi Arabia on the Kashmir issue, Pakistan is talking with Saudi Arabia in a tone these days. At the same time, after joining with Turkey on the Kashmir issue, Pakistan, these days, is engaged in praising Turkey. But, for your information, let's know that there is a competition between Saudi Arabia and Turkey to prove their domination among Muslims.

Now, Pakistan is increasing relations with Turkey, in such a situation, Saudi Arabia demanded one billion dollars from Pakistan to repay an old loan. However, Pakistan repaid the debt of Saudi Arabia with the help of one billion dollars from China. Now, since Saudi Arabia wanted to punish Pakistan, China did not allow this to happen by assisting Pakistan. In such a situation, Saudi Arabia, angry with this Chinese help, may have disassociated itself from China's project. Anyway, it can be said on this basis that Saudi Arabia has separated itself from the project of China, not for one, but for many reasons.