We are creating a new world, a balanced world

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BEIJING: The world’s centre of gravity has moved to Beijing, Venezuelan President Hugo Chavez told his Chinese

counterpart on Wednesday during a visit focused on boosting Chinese oil purchases.
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‘‘No one can be ignorant that the centre of gravity of the world has moved to Beijing,’’ Mr. Chavez told

China’s President Hu Jintao.
‘‘During the financial crisis, China’s actions have been highly positive for the world. Currently, China is

the biggest motor driving the world amidst this crisis of international capitalism,’’ said Mr. Chavez in

preliminary remarks before reporters were ushered from the meeting room at Beijing’s Great Hall of the People.
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Earlier, Mr. Chavez said he planned to review with Chinese leaders a goal of boosting exports of Venezuelan oil

to China from 3,80,000 barrels last year to 1 million barrels by 2013 — part of Venezuela’s strategy of

diversifying oil sales away from the United States, which buys about half the South American nation’s heavy

crude despite political tensions.
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Included in that strategy are plans for China and Venezuela to build four oil tankers and three refineries in

China capable of processing Venezuela’s crude.

China and Venezuela have also invested in a $12-billion fund to finance joint development projects in areas

including oil production, infrastructure and agriculture.
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Mr. Chavez has made Beijing a frequent stop in his global travels to promote his agenda of anti-American world

unity, stopping in the Chinese capital six times since taking power in 1998 elections.
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His visit follows a sweep through West Asia last week, including a stop in Iran where he said he has little hope

of better relations with Washington under President Barack Obama because the United States was still acting like

an ‘‘empire’’ in his eyes.

Following his arrival in Beijing on Tuesday night, Mr. Chavez said his two-day visit to Beijing this week is

part of the creation of a ‘‘new world order’’.
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‘‘We are creating a new world, a balanced world. A new world order, a multipolar world,’’ said Mr. Chavez.

‘‘The unipolar world has collapsed. The power of the U.S. empire has collapsed,’’ he said.

‘‘Everyday, the new poles of world power are becoming stronger. Beijing, Tokyo, Tehran ... it’s moving toward

the East and toward the South.’’

China, with its $2 trillion in foreign reserves, has responded to the global crisis with a 4 trillion yuan ($586

billion) plan to pump money into the economy through higher public works spending in hopes of boosting domestic

consumption. — AP