News

China Concord Resources Corp (CCRC) is developing two oilfields in Venezuela with investment plans exceeding $1 billion and ...
Tensions in the Caribbean are surging as the United States dispatched three Aegis-equipped destroyers—the USS Gravely, USS ...
While it might seem minor it was yet another sign of Venezuela’s need to publicize its rapprochement with China in the midst ...
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 ...
China's foreign ministry opposed the American naval deployment near Venezuela amid the Trump administration's effort to ...
At least three US Navy guided missile destroyers and thousands of Marines are currently off the coast of Venezuela, with ...
Tensions in the Caribbean rose sharply as American warships moved close to the coast of Venezuela, drawing global attention.
Some analysts say that China, by endorsing Nicolas Maduro, just wants to protect its $60 billion investment in Venezuela. AFP via Getty Images China’s timing was impeccable. As soon as Nicolás ...
China on Wednesday upgraded relations with Venezuela to an "all-weather strategic partnership", typically reserved for a select few nations. The world's second-largest economy is owed over $10 ...
China and Russia have lashed out at the United States' recent embargo on Venezuela, calling it a desperate attempt to save a troubled policy designed to overthrow the Latin American nation's ...
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 ...