Current:Home > ScamsChina upgrades relationship with Venezuela to ‘all weather’ partnership -Thrive Success Strategies
China upgrades relationship with Venezuela to ‘all weather’ partnership
PredictIQ View
Date:2025-04-11 07:42:43
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! (9)
Related
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Multiple passengers dead after charter bus crashes in Pennsylvania, police say
- Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles
- Survival teacher Woniya Thibeault was asked about a nail salon. Instead, she won 'Alone.'
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Tired of Losing Things All the Time? Get 45% Off Tile Bluetooth Trackers
- Austria's leader wants to make paying with cash a constitutional right
- At least 2 buildings destroyed in flooding in Alaska’s capital from glacial lake water release
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- Indictment ignored, Trump barely a mention, as GOP candidates pitch Iowa voters to challenge him
Ranking
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- House fire and reported explosion in Indiana kills 2 and injures another, authorities say
- Boating this summer? It's important to take precautions—bring these safety items
- Is it better to take Social Security at 62 or 67? Why it's worth waiting if you can.
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Stock market today: Asian benchmarks mostly slip after Wall Street’s losing week
- Psychiatrist Pamela Buchbinder convicted a decade after plotting NYC sledgehammer attack
- Trump lawyer says Pence will be defense's best witness in 2020 election case as former VP disputes claims
Recommendation
'Most Whopper
Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles
Severe storms, unrelenting heat affecting millions in these US states
Musk vows to pay legal costs for users who get in trouble at work for their tweets
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Man whose body was found in a barrel in Malibu had been shot in the head, coroner says
A simpler FAFSA is coming for the 2024-25 school year. Here's what to expect.
Ryan Gosling Surprises Barbie Director Greta Gerwig With a Fantastic Birthday Gift