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China demands rights guarantee as US firm secures 100-year Venezuelan oil deal

South China Morning Post 01 September 2026 17h ago
China demands rights guarantee as US firm secures 100-year Venezuelan oil deal
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China has demanded protection of its interests in Venezuela after a US-backed energy company was granted 100-year concessions covering oilfields previously operated by Chinese and Russian firms. “China-Venezuela cooperation is protected by international law and the laws of both countries. China’s legitimate rights and interests in Venezuela must be guaranteed,” foreign ministry spokesman Guo Jiaku
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