Why Saudi Arabia might not fulfil spending pledge to US amid China-America rivalry

Last Updated on December 28, 2025 11:00 pm

By Zhao Ziwen

Saudi Arabia has pledged to boost investments in America to nearly US$1 trillion, but according to analysts Riyadh could struggle to meet that target.

Rather, they said the pledge – announced when Crown Prince Mohammed bin Salman visited Washington last month – was more about the “political display” than a binding commitment.

It was an increase to the US$600 billion that was promised in May, when US President Donald Trump visited Riyadh.

The latest pledge comes as the rivalry intensifies between the US and China, including a battle for influence in the oil-rich kingdom of Saudi Arabia.

By comparison, China and Saudi Arabia signed commercial deals worth about US$30 billion when Chinese President Xi Jinping visited Riyadh in 2022.

New business deals signed between Riyadh and Washington in November cover US infrastructure, technology and industry and include a civil nuclear cooperation agreement and a memorandum of understanding on artificial intelligence.

Source : SCMP

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