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$65 billion

China, Saudi Arabia eye $65 billion in deals as king visits

BEIJING: Saudi Arabia's King Salman oversaw the signing of deals worth potentially $65 billion (53 billion pounds) on the first day of a visit to Beijing on Thursday, as the world's largest oil exporter looks to cement ties with the world's second-largest economy. The octogenarian monarch, who has overseen the launch of an ambitious economic reform plan since his accession two years ago, is on a month-long Asian tour. The visits to countries that are some of world's fastest growing importers of Saudi oil aim to promote…