Current:Home > NewsChina upgrades relationship with Venezuela to ‘all weather’ partnership -ThriveEdge Finance
China upgrades relationship with Venezuela to ‘all weather’ partnership
SignalHub View
Date:2025-04-07 15:31:58
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! (6567)
Related
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Skins Game to make return to Thanksgiving week with a modern look
- A South Texas lawmaker’s 15
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Intellectuals vs. The Internet
- The White House is cracking down on overdraft fees
Ranking
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- 'Most Whopper
- The Best Stocking Stuffers Under $25
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Recommendation
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
'Most Whopper
'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
This was the average Social Security benefit in 2004, and here's what it is now
Meta releases AI model to enhance Metaverse experience
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family