China, Venezuela and Trump
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world China’s biggest oil companies are scrambling for direction as Washington turns up the heat on Venezuela.
Rep. Gregory Meeks warns China sees opportunity to justify Taiwan aggression by pointing to U.S. military action in Venezuela. House Foreign Affairs Committee members debate differences.
Venezuela's acting president Delcy Rodriguez on Thursday expressed gratitude to China for condemning the US aggression against Venezuela and the seizure of Venezuelan President Nicolas Maduro and his wife,
China criticized the Trump administration’s reported call for Venezuela to sever its alliances with US rivals, labeling the move a “bullying act” as their competition for influence in the region emerges as a new source of friction.
Beijing has lent billions to Caracas in recent decades, and the fate of money it is owed is in question after the ouster of Venezuela’s leader.
Some Chinese online users are calling for a lightning Venezuela-style snatch of Taiwan's leaders in a prelude to taking over the island, but analysts, scholars and security officials say China's modernising military is still far from ready.
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Trump wants to own Venezuela’s oil, but its largest oil customer is speeding toward clean energy
Energy experts say the US and China are diverging on the energy transition, with China sprinting far ahead on renewables and EVs, while the US doubles down on drilling oil at home and abroad.
Venezuela's rare earth reserves could help reduce U.S. reliance on China by providing key elements of everyday and military technology, one expert says.