Tag: China Venezuela relations
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Trump Says He Welcomes Chinese Investment in Venezuelan Oil
U.S. President Donald Trump said Saturday he would "welcome" Chinese investment in Venezuela's oil industry as the South American country seeks to revive its battered economy following the ouster of leader Nicolas Maduro. Venezuela sits on the world's largest proven oil ...
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Trump’s ‘Donroe Doctrine’ Targets China, U.S. Oil Firms Could Pay the Price: Bousso
By Ron Bousso President Donald Trump plans to import previously sanctioned Venezuelan oil into the U.S., tearing up the global energy playbook and underscoring the seriousness of the administration’s ambition to dominate the Western Hemisphere.
The China-Venezuela Relationship is Weaker than Many Think
While both the Chinese Foreign Ministry and Chinese firms have protested U.S. pressure on Venezuela to cut ties with China, Beijing’s relationship with Caracas has been in decline for years. Bloomberg shows that Chinese trade with the beleaguered country peaked in 2012, the year before President Nicolás Maduro ...
Why the Venezuela Crisis Won’t (Seriously) Affect China’s Oil Supply
In the wake of the Trump administration’s incursion into Venezuela and its stated plan to seize the country’s oil output, the focus has swung to China’s historical role as a major buyer of Venezuelan oil. Venezuela was an early testing ...
Maduro’s Fall Tests China’s Influence in Washington’s Backyard
The United States government's rationale for last Friday's military incursion into Venezuela to detain President Nicolás Maduro has evolved over the months from combating narco-terrorism to asserting control over the country's vast oil reserves. But amid the varying justifications for the ...
