China’s Experience Seen as Valuable Asset for Emerging Economies: Saudi Minister

BEIJING: China’s development experience continues to serve as a key resource for emerging economies, Saudi Finance Minister Mohammed Al Jadaan said Thursday, highlighting Beijing’s role in supporting global growth amid economic uncertainties.
Speaking on the sidelines of the AlUla Conference for Emerging Market Economies, Al Jadaan noted that countries facing trade tensions, geopolitical risks, and inflation can benefit from China’s strategies in economic and financial development. The conference, held under the theme “Policies Amid a Reset of the International Trade and Financial Systems,” provided a platform for policymakers to discuss challenges and opportunities in a shifting global economy.
The Saudi minister also praised China’s Belt and Road Initiative for delivering tangible economic and social benefits to many emerging and low-income countries, positioning Beijing as a source of development expertise.