venezuela

Snowden Leaves Hong Kong (Updated)

Hong Kong authorities confirmed on Sunday that NSA leaker Edward Snowden has left the city. According to a frequently updated report at South China Morning Post, the 29-year-old boarded a commercial flight bound for Moscow on...

China Loses a Friend in Venezuela

Ministry of Foreign Affairs spokeswoman Hua Chunying expressed condolences on Wednesday for the death of Venezuelan leader Hugo Chavez. From Xinhua, which set up a special feature page on the president’s passing:...

Oil and the Beijing-Baghdad Trade Axis

Iraq could become the world’s next “oil superpower,” writes J. Michael Cole in The Diplomat, as China has stepped in with considerable capital to create an unlikely partnership that could define a new era of...

China Launches Second Venezuelan Satellite

As China’s influence in South America grows, Chinese and Venezuelan state media report that China has launched a second satellite for Venezuela. This launch comes amid China’s increasing role in Venezuela’s...

China Plays Increasing Role in Venezuela’s Economy

In recent years, much attention has been focused on China’s increasingly influential role in various African countries and the country invests large sums of money in the continent. But China’s investments are...

Chavez: China to Devote $20B to Venezuela Projects

ABC News reports on new investments by China in Venezuela, about which few details are known: President Hugo Chavez has announced an agreement with China that would have the Asian economic giant devote $20 billion to financing...

Al Jazeera: China Buys the World

In a week-long series titled “China Buys the World,” Al Jazeera looks at “China’s global expansion, and what it means.” The website includes a number of reports and videos focusing on China’s...

Venezuela, China to Build Refineries, Boost Sales

From Bloomberg: Venezuela, the world’s fifth-largest oil exporter, and China plan to build refineries and boost oil shipments, said President Hugo Chavez, who is seeking to lessen dependence on the U.S. The countries will...

Venezuela and China Boost Ties With Refinery Deal

Brian Ellsworth reports for Reuters from Caracas: Venezuela and China have agreed to build a refinery in China to process Venezuelan oil, advancing leftist President Hugo Chavez’s push to boost ties between the OPEC nation...

‘Oil Chinese’ in Venezuela Are Treading Carefully

From Radio Netherlands Worldwide: Mr Li is the embodiment of today’s fastest growing world power: China. He strikes oil deals, builds hospitals and motorways, sells merchandise, takes over companies and lays oil pipelines....

Chávez, China Cooperate on Oil, But for Different Reasons – Sara Miller Llana and Peter Ford

From the Christian Science Monitor: One country’s motivation is political, the other’s pragmatic. Venezuela is seeking a strategic geopolitical alliance, China a steady supply of energy. A new oil exploration deal between the two countries – China’s largest single investment in an overseas energy project to date – makes US officials nervous. But with Chinese […]

China, Venezuela to cement ties with oil deals - Reuters

From Reuters, via The Intelligence Summit Blog: Venezuela said on Saturday it was working on a raft of oil deals with China, giving impetus to President Hugo Chavez’s attempts to break his country’s dependence on oil exports to the United States. The China National Petroleum Corp. will look to develop heavy crude oil production in […]

In ideology, oil, 2 nations find common ground – Steven Dudley

From the Miami Herald: These days, it seems as if China and Venezuela are moving toward the same point but from opposite ends of a vast ocean. China is the socialist state that has a thriving industrial sector and is embracing elements of capitalism; Venezuela is the capitalist country with massive oil reserves that is […]

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