Editing Foreign relations of China (section)

=====Cuba=====
{{main|China–Cuba relations}}

{{Flagicon|Cuba}}{{Flagicon|China}}

China-Cuban relations are based on trade, credits, and investments which have increased significantly since the 1990s. China is Cuba's second largest trading partner after Venezuela. At a ceremonial trade gathering in [[Havana]] in early 2006, China's ambassador to Cuba said "Our government has a firm position to develop trade co-operation between our countries. The policy, the orientation, has been determined. What's left is the work to complete our plans."<ref>Marc Frank, [https://web.archive.org/web/20060513081922/http://yaleglobal.yale.edu/display.article?id=7189 "Trade With China Primes Cuba's Engine for Change"], ''Financial Times'', 29 March 2006</ref>

Bilateral trade between China and Cuba in 2005 totaled US$777 million, of which US$560 million were Chinese exports to Cuba.<ref>"Trade with China helps Cuba to move up a gear," Financial Times, 8 March 2006</ref> China is sending a growing amount of durable goods to Cuba. Chinese goods have become the primary tools both in the planned revitalization of [[Transport in Cuba|Cuban transport]] infrastructure and in the "Energy Revolution" of 2006 to provide electricity to the Cuban populace.{{citation needed|date=August 2020}}

[[Sinopec]], the Chinese state [[oil company]], has an agreement with state-owned [[Cupet]] (Cuba Petroleum) to develop oil resources. As of mid-2008, SINOPEC had done some seismic testing for oil resources on the island of Cuba, but no drilling.<ref name="McClatchy-11June2008">{{cite web|last1=Bolstad|first1=Erika|last2=Hall|first2=Kevin G.|date=11 June 2008|title=GOP claim about Chinese oil drilling off Cuba is untrue|url=http://www.mcclatchydc.com/251/story/40776.html|archive-url=https://web.archive.org/web/20091208154630/http://www.mcclatchydc.com/251/story/40776.html|archive-date=8 December 2009|website=[[Mcclatchydc.com]]}}</ref> The company also has a contract for joint production in one of Cuba's offshore areas of high potential yield, off the coast of [[Pinar del Río]],<ref>{{cite news|title=Firman Cuba y China contrato para producción compartida de petróleo|newspaper=Granma Internacional|date=31 January 2005|language=es}}</ref> but had done no off-shore drilling as of mid-2008.<ref name="McClatchy-11June2008" />

In November 2005, [[PetroChina]] Great Wall Drilling Co., Ltd. and CUPET held a ceremony for the signing of two drilling service contracts.<ref>{{cite news|url=http://goliath.ecnext.com/coms2/gi_0199-5016208/PetroChina-Great-Wall-Drilling-Co.html|title=PetroChina Great Wall Drilling Co. wins contracts in Cuba|work=China Chemical Reporter|date=26 November 2005|access-date=20 January 2013|archive-url=https://web.archive.org/web/20110517191641/http://goliath.ecnext.com/coms2/gi_0199-5016208/PetroChina-Great-Wall-Drilling-Co.html|archive-date=17 May 2011|url-status=dead}}</ref> Great Wall Drilling has provided [[drilling rig]]s for oil exploration on Cuba's north coast.<ref>{{cite news|title=CNPC: Inked Pact with Cuba State Oil Firm for greater cooperation|work=Dow Jones Institutional News|date=7 June 2011|location=New York, N.Y.}}</ref>