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.

  • Pungent Llama@lemmy.world
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    2 days ago

    China has 4x the population of the US. It should have 4x the GDP of the US to be truly equivalent.

    • wheezy@lemmy.ml
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      2 days ago

      You might want to let the people that studied econ beyond a lemonade stand just talk next time. You don’t need to type out every thought in your head.

      You just gave the ultimate dumb guy response. Congratulations.

      We’re discussing Calculus and you just responded with “yeah, well 2 + 2 = 4. I don’t know why those letters are in your math with that weird squiggly line at the start.”.

      You clearly have no idea what we’re even discussing in this thread.