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China to Aid Saudi Arabia in Nuclear Power Development
oilprice.com ^ | 19/01/2012 | John Daly

Posted on 01/19/2012 8:13:07 AM PST by bananaman22

Ever since the end of World War Two, the U.S. has come to regard Saudi Arabia as almost its exclusive oil producing enclave.

In February 1945, after the Yalta Conference with Soviet General Secretary Iosif Stalin and British Prime Minister Winston Churchill, on his way home U.S. President Franklin Delano Roosevelt and King Ibn Saud met aboard the New Orleans-class heavy cruiser U.S.S. Quincy in the Suez Canal’s Great Bitter Lake. During the meeting, instigated by Roosevelt, he and Ibn Saud concluded a secret agreement in which the U.S. would provide Saudi Arabia military security, including military assistance, training and a military base at Dhahran in Saudi Arabia, in exchange for secure access to supplies of oil.

Sixty-seven years later, my, how things have changed, as China is now muscling into the Kingdom of the Two Holy Places.

On 15 January Visiting Chinese Premier Wen Jiabao and Saudi Arabian King Abdullah bin Abdul Aziz agreed to make concerted efforts to enhance bilateral relations.

The spectacle of OPEC’s leading petro-state and East Asia’s superpower economy making common cause has surely caused the burning of the midnight oil inside the Beltway. Full article at: China Economic Clout and Nuclear Expertise Invades Saudi Arabia


TOPICS: Business/Economy; Miscellaneous
KEYWORDS: china; nuclearpower; saudiarabia; unitedstates

1 posted on 01/19/2012 8:13:14 AM PST by bananaman22
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