China is definitely the biggest winner, because what China gets from it is not just money, but also other more important things. What benefits will my country get?
1. Money, taxes
The oil refinery invested by Saudi Arabia is no small matter. The project consists of a 300,000 barrels per day refinery and vinyl steam cracker, and Saudi Aramco will provide up to 210,000 barrels per day of crude oil feedstock. Just imagine how much tax such a large company has to pay in a year! That must be measured in "hundred million". Only when local taxes are collected and money is available can more livelihood projects be carried out. In the end, the people who benefited were the local people.
2. Jobs
The money is secondary, the most important thing is the jobs it brings. Such a large enterprise can create at least tens of thousands of jobs by investing in production. Moreover, it can also drive other upstream and downstream industries. For example, near the industrial park, there will definitely be various supermarkets, restaurants, small vendors, etc. Indirectly, it also solves the problem of employment for more people. Once the employment problem is solved, society will inevitably become more stable. This is a benefit that no amount of money can buy. Therefore, we have made a lot of money just by adding jobs.
3. Other potential benefits, deepening trade between the two sides
What does Saudi Arabia have in abundance? One is oil and the other is money. Like oil, it is a reserve substance. Our country is also a major oil importer, and its demand for oil is particularly large.
Our cooperation with Saudi Arabia in building a factory will inevitably deepen the trade between the two parties. It will be more convenient to import oil from them in the future. In addition, when it comes to money, when buying things in Saudi Arabia, they always only buy expensive ones, not the right ones. Our country's drones have always been their favored products. As the relationship between the two parties deepens, they will buy more things. Saudi Arabia is really rich and has always been relatively wealthy. Business is business, and basically they will not go back on their word
I think back then, Saudi Arabia was in crisis on all sides, the country was in a very worrying situation, and there was a possibility of being invaded at any time. They bought Erkiji (strategic missiles) from Maozi (the former Soviet Union) and Yingjiang (the United States), but they were rejected flatly. In the end, there was no choice but to send the prince to China to buy two kicks.
That generous businessman is really cruel and inhumane. The Chinese delegation was so frightened that they almost fell off their chairs. The Chinese delegation originally thought the cost would be 10 million yuan, so they would be more ruthless and sell one piece for 100 million yuan. Then the Chinese negotiator raised a finger. As a result, Saudi Arabia misinterpreted it as $100 million a piece. Just like that, the prince was moved to tears. He praised "Young hero is really very conscientious in doing business."
Because before the prince came, the king told him that a two-kicker was worth less than one billion US dollars, and he would not report it, so he would buy it directly. More than three billion US dollars needs to be reported and discussed with the king. One doesn’t know how poor the other is, and the other doesn’t know how rich the other is. In the end, I paid cash directly and bought thirty Dongfeng II kickers. That deal directly saved our country's military industry. The amount of one trade was greater than our country’s foreign exchange reserves at that time.
So, when doing business with Saudi Arabia, you only need to remember that the other party is a wealthy person. You just have to make the product well, there is no need for insidious planning. Moreover, others will not tell you anything that goes back on your word, let alone political things. They will never talk about politics if things can be solved with money. After all, for Saudi Arabia, they are really poor and have only money.