The Sino-Saudi Connection
China, Napoleon once remarked, is a sleeping giant, and “when it awakens the world will tremble.”
China is now thoroughly awake. The economy of the world’s most populous country has been growing at a blistering rate of between 8 and 11 percent a year. Last year, the People’s Republic of China (PRC) superseded Mexico as the United States’ main trading partner. It also took Japan’s place as, after us, the second largest consumer of petroleum on the globe.
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