China Will Not Rescue Venezuela
Venezuela has been disappointing China for over 15 years, and it has taken a toll. But China could be interested in Venezuela's new Special Economic Zones to set a hub in the Caribbean for its companies.
Director of the Andrés Bello Foundation - China Latin America Research Center
Venezuela has been disappointing China for over 15 years, and it has taken a toll. But China could be interested in Venezuela's new Special Economic Zones to set a hub in the Caribbean for its companies.
The Asian superpower has been building a tight relationship with Venezuela and all of Latin America for years. In 2020, it relaunched the soft power strategy, in the context of the crisis ironically originated in China
Beijing won’t mediate between Maduro and Guaidó, because it’s not interested in Venezuela. But it can help with recovering our democracy, if its current inaction impacts its interests.
Just four days before the event was to take place, on March 22 the Inter-American Development Bank canceled its annual meeting to be held in Chengdu because China refused to grant a visa to Guaidó’s appointee. But this is an opportunity to Guaidó to build bridges with Beijing.
What does China mean with its “non-interventionism” attitude, when chavismo needs allies more than ever? Simple: “We’re here for business, not politics. You’re on your own.”
Oil-for-loans was supposed to be a win-win proposition. New numbers confirm our fears that it’s turned into a lose-lose nightmare.
Chinese media criticizes Venezuela and China talks with the opposition. What is going on?
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