I looked, and there before me was a white horse! Its rider held a bow, and he was given a crown, and he rode out as a conqueror bent on conquest.
The Chinese Premier, Wen Jiabao, is visiting several Arab Peninsula countries, signing major oil deals with Saudi Arabia, Qatar and United Arab Emirates.
Saudi Arabia is already China’s biggest supplier of oil. The new deals include building a 400,000 barrel per day refinery just for China, and Chinese companies expanding the infrastructure of the Arabian Peninsula countries.
This comes after China announced it would cut oil imports from Iran, blaming contractual issues (not pressure from the U.S.).
However, Premier Wen said China and Saudi Arabia needed to deepen their cooperation “…in the face of changeable and complicated regional and international trends.”