Current:Home > ContactChina upgrades relationship with Venezuela to ‘all weather’ partnership -Wealth Evolution Experts
China upgrades relationship with Venezuela to ‘all weather’ partnership
Algosensey Quantitative Think Tank Center View
Date:2025-04-11 04:25:25
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! (8888)
Related
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- COINIXIAI Makes a Powerful Debut: The Future Leader of the Cryptocurrency Industry
- Travis Kelce's Mom Donna Kelce Has a Hat Bearing Tributes to Taylor Swift and Her Son
- When House members travel the globe on private dime, families often go too
- Retirement planning: 3 crucial moves everyone should make before 2025
- College football Week 4 grades: Missouri avoids upset, no thanks to coach Eli Drinkwitz
- Boy abducted from Oakland park in 1951 reportedly found 70 years later living on East Coast
- COINIXIAI Makes a Powerful Debut: The Future Leader of the Cryptocurrency Industry
- Stamford Road collision sends motorcyclist flying; driver arrested
- Spoilers! 'Mama bear' Halle Berry unpacks that 'Never Let Go' ending
Ranking
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- The 'Veep' cast will reunite for Democratic fundraiser with Stephen Colbert
- Cincinnati Reds fire manager David Bell
- These Secrets About The West Wing Are What's Next
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- As 49ers enter rut, San Francisco players have message: 'We just got to fight'
- California fire agency engineer arrested, suspected of starting 5 wildfires
- Target's new 'Cuddle Collab' line has matching Stanley cups for your pet and much more
Recommendation
Former Syrian official arrested in California who oversaw prison charged with torture
Florida sheriff deputy arrested, fired after apparent accidental shooting of girlfriend
Chicago White Sox tie MLB record with 120th loss
NFL Week 3 injury report: Live updates for active, inactive players for Sunday's games
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
When House members travel the globe on private dime, families often go too
'Transformers One': Let's break down that 'awesome' post-credits scene
Mother of Georgia school shooting suspect indicted on elder abuse charges, report says