Saudi Crown Prince Salman bin Abdulaziz al-Saud’s visit this week to China — his second major state trip this year to Asia — underscores the kingdom’s pivot to the east. Long before the American pivot, Saudi Arabia has reoriented its economic and political priorities to South and East Asia.
Salman arrived in Beijing on March 13 for his first visit to China. Last month, the crown prince visited Pakistan, Japan, India and the Maldives. The two state visits symbolize the kingdom’s growing role in the economies of all five states. Saudi Arabia, the world’s largest oil exporter, now sells more than two-thirds of it oil to markets in south and east Asia. Saudi trade and investment are increasingly directed toward Asian markets rather than Europe or America.
Saudi Arabia’s turn to the east began almost a decade ago. King Abdullah bin Abdulaziz’s first foreign trip after becoming king was to India and China in January 2006. It was also the first ever visit by a Saudi monarch to China. At the time, Saudi officials cited the trip at a symbol of the kingdom’s growing interest in Asia’s two largest emerging economies. Saudi Arabia is today China’s largest trading partner in the Middle East.
The kingdom’s closest ties remain with Pakistan. The Pakistani press has reported that Riyadh provided a $1.5 billion loan to Islamabad to help Prime Minister Nawaz Sharif’s effort to get Pakistan’s economy out of its slump. The Saudis have a close relationship with Sharif, who lived in the kingdom in exile during the Pervez Musharraf dictatorship. Military and intelligence connections between the two are also very close. Saudi Arabia has provided more assistance to Pakistan over the last three decades than to any other country.
AL-MONITOR All-Access gives you unlimited access to all our journalism, the full Daily Briefing, exclusive interviews, premium newsletters, and live events — for less than $2/week.