75GEOPOLITICS
⚡ Markets: China's deepening ties with key Middle Eastern states like Egypt and Saudi Arabia represent a long-term challenge to US influence and could shift trade and energy flows eastward.CNYEGP
President Xi Jinping of China conducted his first state visit to Egypt in a decade, meeting with President Sisi. The visit is seen as a strategic move by Beijing to increase its influence in the Middle East, particularly as US focus is consumed by its conflict with Iran.
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