Chavez's 'historic' China strategy


	Chavez's 'historic' China strategy

tabsey

8-12-2009 6:56 AM

138 views

tags:

money, or, the, box

tabsey says:

Part of the "China buys everything" series.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/2d8563dd-9cf7-4e97-8734-e176a6207922/88BEFFC4-259B-4196-B0DE-691C419DCC45/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://english.aljazeera.net/focus/chinabuystheworld/2009/08/20098125223767930.html" href="http://english.aljazeera.net/focus/chinabuystheworld/2009/08/20098125223767930.html" style="font-size: 11px;">english.aljazeera.net</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://english.aljazeera.net/focus/chinabuystheworld/2009/08/20098125223767930.html"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/english.aljazeera.net/img/8A687124-4673-4EA2-BF0E-7E047655D550" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://english.aljazeera.net/focus/chinabuystheworld/2009/08/20098125223767930.html"><DIV>At a land base in Venezuela, Chavez and Morales cheer the satellite's successful launch [EPA]</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://english.aljazeera.net/focus/chinabuystheworld/2009/08/20098125223767930.html"><P>In central Venezuela's Faja del Orinoco, considered by some to be the world's largest oil reserve, China is helping Caracas explore an area that is believed to hold about 40 billion barrels of crude oil, twice the volume of oil reserves in the US.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://english.aljazeera.net/focus/chinabuystheworld/2009/08/20098125223767930.html">Watching live from Bolivar State, in south-eastern Venezuela, with Evo Morales, the Bolivian president, by his side, Chavez called the October 2008 launch "of strategic and historical importance for Venezuela and China</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://english.aljazeera.net/focus/chinabuystheworld/2009/08/20098125223767930.html">The satellite is now used by Venezuela to meet some of its telecommunication needs and is one of the main achievements of Caracas' strategic partnership with Beijing</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://english.aljazeera.net/focus/chinabuystheworld/2009/08/20098125223767930.html">Venezuela's interest in such a partnership provided China an excellent opportunity as it searched for a reliable partner that could guarantee energy, particularly oil, supplies in the long run</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://english.aljazeera.net/focus/chinabuystheworld/2009/08/20098125223767930.html"><STRONG>Developing oil fields</STRONG></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/88BEFFC4-259B-4196-B0DE-691C419DCC45/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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