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BTCC / BTCC Square / Global Cryptocurrency /
Saudi Arabia and China Sign 57 Deals Worth Over $3.73 Billion USD

Saudi Arabia and China Sign 57 Deals Worth Over $3.73 Billion USD

Author:
Global Cryptocurrency
Published:
2025-05-16 13:30:02
11
1

Saudi Arabia and China have inked 57 agreements totaling more than $3.73 billion, marking a significant stride in local currency cooperation and de-dollarization efforts. The deals, finalized at the Saudi-Chinese Business Forum in Beijing, aim to bolster BRICS-aligned trade and promote currency substitution between the two economic powerhouses.

Concurrently, institutional cryptocurrency market activity has surged, with BlackRock ETF inflows reflecting heightened investor confidence in alternative assets. This dual momentum underscores a broader shift toward diversified financial ecosystems.

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