Saudi central bank seeks closer ties with Hong Kong and mainland China 

According to the governor of the Saudi Arabian Monetary Authority (SAMA), Saudi’s central bank is looking to strengthen stronger ties with the monetary authorities of mainland China and Hong Kong, via bilateral dialogues, collaborations in multilateral forums such as the G20 and partnerships in international organizations. The governor also encouraged Chinese banks to grow and expand in Saudi Arabia, in which there are currently two branches of Chinese banks in the KSA.