U.S. is not going anywhere, Middle East envoy says, as Chinas Xi expected to visit | IQ Stock Market

Key Points – The U.S. on Friday refuted claims that a forthcoming visit by Chinese President Xi Jinping to Saudi Arabia signals America’s waning influence in the Middle East. – The United States is a vital partner to not only Saudi Arabia but each of the countries in the region, Tim Lenderking, special envoy for Yemen, told CNBC. – Xi is expected to arrive in Saudi Arabia next week for a meeting with Crown Prince Mohammed bin Salman, just a month after Biden’s controversial visit. US President Joe Biden being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman at…