December 12, 2022
In what was widely viewed as a snub to Washington, Beijing and Riyadh last week inked a slate of trade agreements topping $50 billion during Xi Jinping’s trip to Saudi Arabia, though they remained mum on the details. For years, the world’s largest oil consumer (China) and the world’s largest oil exporter (Saudi Arabia) have cultivated strong ties based on mutually beneficial economic interests. But relations have expanded in recent years, with the two becoming more aligned geopolitically as well. Riyadh, feeling jilted by Washington, is keen to boost ties with the world's second largest economy. China, for its part, wants to gain more of a foothold in the energy-rich Middle East. Who's in the driver's seat? We take a look at China-Saudi trade since 2000.
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Microsoft recently published its latest Global AI Diffusion Report, showing continued growth in AI usage worldwide. In the first quarter of 2026, global usage increased from 16.3% to 17.8%, with 26 economies now exceeding 30% adoption. As adoption expands, regional gaps are also becoming clearer. The report highlights faster growth in parts of Asia and a widening divide between the Global North and South. It also points to advances like multilingual AI and coding capabilities, driving increased usage and software development globally. Read the full blog here.
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For decades, Beijing has successfully pushed countries to cut diplomatic ties with Taipei.
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