Current:Home > MarketsChina upgrades relationship with Venezuela to ‘all weather’ partnership -PureWealth Academy
China upgrades relationship with Venezuela to ‘all weather’ partnership
View
Date:2025-04-11 13:48:48
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! (238)
Related
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Jamie Lee Curtis was In-N-Out of the Oscars, left early for a burger after presenting award
- Liza Koshy plays off her Oscars red carpet fall like a champ: 'I've got my ankles insured'
- Demi Moore and Her Daughters Could Be Quadruplets at 2024 Oscars After-Party
- Highlights from Trump’s interview with Time magazine
- Trevor Bauer dominates in pitching appearance vs. Los Angeles Dodgers minor leaguers
- Al Pacino Makes Rare Appearance at 2024 Oscars to Present Best Picture
- ‘Oppenheimer’ crew keeps it low key, other winners revel at Vanity Fair’s Oscar after-party
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- 3 reasons you probably won't get the maximum Social Security benefit
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Did Monica Sementilli conspire with the man she was having an affair with to murder her husband?
- 50-foot sperm whale beached on sandbar off coast of Venice, Florida
- Biden is issuing a budget plan that details his vision for a second term
- New data highlights 'achievement gap' for students in the US
- 'The Boy and the Heron' director Hayao Miyazaki, 83, wins historic Oscar but absent from show
- Robert De Niro and Tiffany Chen's 35-Year Age Gap Roasted by Jimmy Kimmel at 2024 Oscars
- This Is the single worst reason to claim Social Security early
Recommendation
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Al Pacino Makes Rare Appearance at 2024 Oscars to Present Best Picture
NFC team needs: From the Cowboys to the 49ers, the biggest team needs in NFL free agency
Investigation says Ex-Colorado forensic scientist manipulated DNA test results in hundreds of cases
North Carolina justices rule for restaurants in COVID
Eva Mendes Has an Iconic Reaction to Ryan Gosling's I'm Just Ken Oscars Performance
Luke Burbank on taking spring ahead to the next level
Who has the most Oscars of all time? Academy Awards records that made history