Chinese Foreign Minister Wang Yi said Beijing cannot accept any country acting as the “world’s judge” after the United States captured Venezuela’s President Nicolas Maduro.

The world’s second-largest economy has provided Venezuela with an economic lifeline since the U.S. and its allies ramped up sanctions in 2017, purchasing roughly $1.6 billion worth of goods in 2024, the most recent full-year data available.

Almost half of China’s purchases were crude oil, customs data shows, while its state-owned oil giants had invested around $4.6 billion in Venezuela by 2018, according to data from the American Enterprise Institute think tank, which tracks Chinese overseas corporate investment.

  • ikt@aussie.zone
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    4 days ago

    if we lose ukraine and taiwan that’s two more countries going back towards tbh straight under dictatorship rule, 2 losses for the west and democracy

    i don’t understand why europe is being so quiet on taiwan, i can only assume they want to keep the good times coming with cheap chinese goods

    • Aljernon@lemmy.today
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      3 days ago

      i don’t understand why europe is being so quiet on taiwan

      Europe is far from Taiwan, has little in the way of Naval Assets or Territorial Possessions nearby to even be relevant in a war, and frankly has their hands full closer to home.

    • k0e3@lemmy.ca
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      4 days ago

      Yeah after losing the US to dictatorial rule, I dunno if the West can take any more losses.