China warns US over military build-up
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Beijing is likely to increase its economic support for Venezuela, its only all-weather strategic partner in South America, as tensions rise between Washington and Caracas. However, analysts suggest that China will hold back on direct military aid or actions that could provoke a direct confrontation with the United States.
The Venezuelan government has also taken a tough stand on America's decision. In response to America's threats, Venezuelan President Nicolas Maduro said that he would deploy 4.5 million militia fighters. He said that his country will not be afraid of America's threats, and all necessary steps will be taken to protect its people.
China Concord Resources Corp (CCRC) is developing two oilfields in Venezuela with investment plans exceeding $1 billion and ramping up crude production to 60,000 barrels per day (bpd) by the end of 2026,
Beijing's reaction follows US President Donald Trump's order to send 3 warships to intercept drug shipments off coast of South America, including near Venezuela - Anadolu Ajansı
China Concord Resources Corp is investing over $1 billion in two Venezuelan oilfields to produce 60,000 barrels per day by 2026. This marks a unique investment by a private Chinese entity, navigating challenges posed by international sanctions and leveraging new legal frameworks under Venezuela's Anti-Blockade Law.
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Al Jazeera on MSNUS warships may reach Venezuela coast by weekend in drug cartel operation
Three US warships to be stationed off the coast of Venezuela in fight against ‘narco-terrorists’, according to reports.
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Exclusive: Private Chinese firm producing oil in Venezuela under rare 20-year pact, source says
China Concord Resources Corp has begun developing two Venezuelan oilfields, planning to invest more than $1 billion in a project to produce 60,000 barrels per day of crude oil by end-2026, an executive directly involved in the project said.
China Concord Resources Corp plans to invest over $1 billion in two Venezuelan oilfields, aiming to produce 60,000 barrels per day of crude by 2026. This marks a notable private investment amid international sanctions on Venezuela.
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Latin Times on MSNChina Reacts To U.S. Deployment Of Troops Off Venezuela's Coast, Says It 'Opposes The Use Of Force Or Threats In International Relations'
China reacted to the deployment of U.S. assets off the Venezuelan coast, saying it opposes "the use of force or threats in international relations"