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.
Americans still associate China with shit quality merchandise while glossing over that that merchandise is made shit quality because American Importers selected that level of quality and completely ignoring that they make I Phones and other High quality tech.
This is absolutely right and a good point that I think a lot of people really don’t get. China isn’t filled with the cheap shit we get from China, they have a thriving middle-class, they have luxury goods the likes of which westerners haven’t dreamed of. They have quality standards for goods and services probably higher than most places.
It’s just that since we get their cheap dollar-store merch and we read stories about traditional Chinese medicine, we get the picture here that they’re still largely a backwards, “3rd-world” nation of rice farmers and peasants. It would be like judging the entire US on a sampling of people from the mountains of Appalachia.
Related, but I also find it hilarious when people reference China as “communist” in any capacity.