Via Quartz, a report on another oil related transaction between Venezuela and China: The bigger the oil deal, the bigger the portrait. Chinese president Xi Jinping pledged $4 billion in loans to Venezuela while visiting president Nicolás Maduro this week. The agreement will raise Caraca’s existing debts to Beijing by almost 25%, to over $20 billion—money that the country […]
Read more »Courtesy of the Diplomat, an interesting article on China’s interest in Yemen: With much to gain from a growing presence in the Middle East, Beijing is making an all-out effort to strengthen its foothold there, including the most volatile countries of the region. Although not widely reported, China-Yemen relations exemplify this trend. China’s diplomatic ties […]
Read more »Courtesy of the New York Times, an interesting look at China’s global search for energy: Whether by diplomacy, investment or in extreme cases, force, China is going to great lengths to satisfy its growing hunger for energy to fuel its expanding car fleet and electrify its swelling cities. The Chinese government showed that desire on […]
Read more »Via Truthout, commentary on how China’s insatiable thirst for energy is having a profound effect on the countries that surround it: The rise of The Peoples Republic of China (PRC) on the international stage in recent years has caused increasing competition over natural resources across the globe, with energy in the Middle East being no […]
Read more »Courtesy of the Financial Times, a report on Sinopec’s recent acquisition of Lukoil assets in Kazakhstan: Lukoil has agreed to sell its stake in several oil projects in Kazakhstan to Sinopec for $1.2bn, in the latest of a string of Chinese investments in the country’s energy sector. The Russian company – the country’s largest private-sector […]
Read more »Via STRATFOR (subscription required), an interesting look at Russia’s efforts to conclude a natural gas deal with China: Russia is intent on clinching the long-awaited natural gas deal with China before Russian President Vladimir Putin travels to Beijing in May, Deputy Prime Minister Arkady Dvorkovich said April 14. Dvorkovich wrapped up a visit to China […]
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