MikeTrendsTrends right now
AI: reposAPI

search

Gulf Times

Trends

  1. 1
    Saudi Arabia exits China-backed cross-border payments project●Saudi Arabia quits China-led cross-border currency platform𝕏xCNBusinessFinance1.1K1 h ago

    Saudi Arabia has withdrawn from a China-led cross-border currency platform, according to the Financial Times. The move is seen as a setback for Beijing's efforts to build alternatives to the dollar-based global payments system, and observers are weighing what it signals about the Gulf kingdom's financial alignment with Washington versus its deepening economic ties with China.