Ep. 16 | How China Sank $60 Billion into Venezuelan Quicksand (and Why) (with Parsifal D'Sola 鹏程)


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Player FM과 저희 커뮤니티의 The State of Venezuela 콘텐츠는 모두 원 저작자에게 속하며 Player FM이 아닌 작가가 저작권을 갖습니다. 오디오는 해당 서버에서 직접 스트리밍 됩니다. 구독 버튼을 눌러 Player FM에서 업데이트 현황을 확인하세요. 혹은 다른 팟캐스트 앱에서 URL을 불러오세요.

Over the past two decades, China has become Venezuela's most important economic partner. At one point, Venezuela was the largest recipient of Chinese loans in the whole world, making up more than half of China's loan portfolio at approximately $60 billion. While those loans have long since dried up, and Venezuela still owes China tens of billions of dollars, China remains a key political and economic lifeline for the Maduro regime, importing Venezuelan oil in spite of U.S. sanctions, gifting medical supplies to combat the COVID pandemic, and generally providing quiet but crucial diplomatic support on the international stage.

In this episode we discuss the Venezuela-China relationship. To help us break it all down, we’re joined by Parsifal D’Sola Alvarado. Parsifal is a co-founder and director of the Andrés Bello China-Latin America Research Foundation, a think tank dedicated to the investigation and analysis of Sino-Latin American relations, and serves in his dual capacity as a foreign policy advisor to the interim government of Juan Guaidó.

We discuss China's history in Venezuela and overall strategy of supporting the regime of Nicolás Maduro despite Venezuela's continuing economic devastation.





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