Venezuela deepens trade, military ties with China
Venezuela took control this weekend of a Chinese-built communications satellite, part of a deepening trade relationship that some say illustrates waning U.S. influence in Latin America. Accompanied by Chinese technicians at a communications facility in western Guarico state, President Hugo Chavez presided at a ceremony in which Venezuela formally assumed operation of the Simon Bolivar, a $400-million satellite that China launched in October.Full Story