Current:Home > InvestChina upgrades relationship with Venezuela to ‘all weather’ partnership -TradeWisdom
China upgrades relationship with Venezuela to ‘all weather’ partnership
View
Date:2025-04-14 02:14:23
BEIJING (AP) — China announced Wednesday it was upgrading its diplomatic ties with Venezuela to an “all weather” partnership, a label reserved for a select few of its diplomatic partners.
Venezuelan President Nicolás Maduro is on a state visit in Beijing, his fifth as president, according to state broadcaster CCTV. He met with Chinese President Xi Jinping.
One of the best known of China’s select all-weather strategic partnerships is with Pakistan, where it has invested $25.4 billion over the past decade.
About 7 million people have left Venezuela during a complex political and humanitarian crisis that has been ongoing for the past decade. The country is reliant on oil as its main export but has faced U.S. sanctions. Last year, the Biden administration eased part of its sanctions on the country.
Maduro has cultivated China throughout his years in power. His country has received support from China in loans, cash and investment worth tens of billions of dollars.
veryGood! (536)
Related
- What do we know about the mysterious drones reported flying over New Jersey?
- What are the 10 largest US lottery jackpots ever won?
- Top 25 rankings: A closer look at every team in college football's preseason coaches poll
- Orioles indicate broadcaster will be back after reports he was pulled over unflattering stats
- The Super Bowl could end in a 'three
- Pope Francis restates church is for everyone, including LGBTQ+ people
- 'The Exorcist': That time William Friedkin gave us a tour of the movie's making
- CDC says COVID variant EG.5 is now dominant, including strain some call Eris
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Mississippi candidates for statewide offices square off in party primaries
Ranking
- Trump issues order to ban transgender troops from serving openly in the military
- Kansas officer wounded in weekend shootout that killed a car chase suspect has died of injuries
- William Friedkin, Oscar-winning director of 'French Connection' and 'The Exorcist,' dies at 87
- Morgan Wade Reveals Why Kyle Richards Romance Rumors Bothered Her at First
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Louis Cato, TV late night bandleader, offers ‘Reflections,’ a new album of ‘laid bare, honest’ songs
- Wayfair’s Anniversary Sale Is Here: 70% Off Deals You Must See
- Woman in critical condition after being bitten by shark at Rockaway Beach in NYC
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Texas judge dismisses murder charge against babysitter who served 15 years over toddler’s death
Raven-Symoné Pens Heartwarming Birthday Message to Magical Wife Miranda Pearman-Maday
William Friedkin, director of 'The Exorcist' and 'The French Connection,' dead at 87
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
US investigating power-assisted steering failure complaints in older Ram pickup trucks
Former Georgia lieutenant governor says he received grand jury subpoena
Book excerpt: President Garfield: From Radical to Unifier by C.W. Goodyear