Wealth Management by

Chinese investors mulling making cars in Saudi Arabia

February 6, 2014 11:15 am

The Chinese ambassador to Saudi Arabia, Li Chengwen has said Chinese investors are studying a plan to manufacture cars in the kingdom to meet rising local demand, Arab News has reported. “There is a strong will by Chinese investors to produce automobiles here in the kingdom, but the whole idea is under consideration and study,” said Li Chengwen.