Chinese firms flock to Saudi Arabia in Middle East gold rush

Chinese firms flock to Saudi Arabia in Middle East gold rush

Late evening sunlight is seen reflected off the Kingdom Tower in Riyadh, Saudi Arabia, on Thursday, Dec. 1, 2016. Photographer: Simon Dawson/Bloomberg

Saudi Arabia is quickly rising on a list of hot investment destinations for Chinese companies, as the country goes through what many local Chinese residents have dubbed its “reform and opening up.”