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While it might seem minor it was yet another sign of Venezuela’s need to publicize its rapprochement with China in the midst ...
As US destroyers closed in on Venezuela's coast on Thursday, China condemned Washington's military build-up and warned ...
China Concord Resources Corp has begun developing two Venezuelan oilfields, planning to invest more than $1 billion in a project to produce 60,000 barrels per day of crude oil by end-2026, an ...
Beijing is likely to increase its economic support for Venezuela, its only all-weather strategic partner in South America, as tensions rise between Washington and Caracas. However, analysts suggest ...
Amid rising tensions between the U.S. and Venezuela, China voiced strong support for President Nicolas Maduro, condemning ...
China's foreign ministry opposed the American naval deployment near Venezuela amid the Trump administration's effort to ...
Tensions in the Caribbean rose sharply as American warships moved close to the coast of Venezuela, drawing global attention.
At least three US Navy guided missile destroyers and thousands of Marines are currently off the coast of Venezuela, with ...
Venezuela remains heavily indebted to China following $50 billion granted through credit lines and oil-for-loan deals dating back to 2007 under the late President Hugo Chavez's administration.
China pledged billions of dollars of financing to Venezuela and Ecuador, two South American energy exporters battered by falling oil prices, as Beijing moved to secure resources and allies in the ...
In 2015, Venezuela was producing 2.62 million barrels of oil a day, about 20% of which were shipped to China. As of August, Venezuela’s oil production has dropped to 2.33 million barrels a day.
China now buys an average of 338,000 barrels of Venezuelan oil daily, a figure that could rise to 1 million a day by 2012, Chavez has said. Venezuela subsidizes those sales by paying the freight ...