The Chinese Connection, Part II
look for China to come to an oil production country near you.
after China signed exploration and drilling rights contracts with Cuba not so long ago, it is now courting Venezuela's oil industry. See Chavez visits Beijing.
China's motive? it needs new sources of oil for its growing (and oil hungry) economy.
Chavez motive? in his own words:
Chavez said Venezuela's growing relations with China are part of his government's efforts to create a "multipolar" world to counter U.S. hegemony. He accuses Washington of using its might to bully countries like his own from developing military technology.
The left-leaning Chavez has forged strong ties with Beijing since taking office in 1998. He said last week that he will buy Chinese-made oil tankers and seal an oil exploration deal.
after China signed exploration and drilling rights contracts with Cuba not so long ago, it is now courting Venezuela's oil industry. See Chavez visits Beijing.
China's motive? it needs new sources of oil for its growing (and oil hungry) economy.
Chavez motive? in his own words:
Chavez said Venezuela's growing relations with China are part of his government's efforts to create a "multipolar" world to counter U.S. hegemony. He accuses Washington of using its might to bully countries like his own from developing military technology.
The left-leaning Chavez has forged strong ties with Beijing since taking office in 1998. He said last week that he will buy Chinese-made oil tankers and seal an oil exploration deal.
posted by Yimboro | 7:24 PM
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