· Venezuela to supply a million barrels of oil a day
· Beijing scrambling to feed energy-hungry economy

China and Venezuela, two of the biggest nations on Washington’s worry list, drew closer together yesterday with the signing of trade agreements that the Venezuelan president called a “Great Wall” against American hegemonism.

A million-barrel a day oil deal and a promise by China to back Venezuela’s bid to join the United Nations security council were the main fruits of a week of meetings in Beijing, ending with talks between Hugo Chávez and the Chinese prime minister, Wen Jiabao, yesterday. (more…)