Venezuela, China and Trump
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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.
China would need to do more than kill or capture Taiwan’s president, Lai Ching-te, as that would leave intact the rest of the government, which has a clear line of succession. The PLA is thus likely to use decapitation strikes as part of a bigger operation, potentially a full-scale invasion.
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.
US intervention and capture of President Nicolas Maduro thrust China’s ties with Venezuela into a new period of uncertainty, say experts - Anadolu Ajansı
China's immediate priority in the wake of the U.S. attack on Venezuela is to protect economic interests, analysts said.
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.
A think tank reported in June that Venezuela's radar fleet suffered shortages of spare parts amid "minimum" Chinese tech support.
Not only did America capture one of China’s closest South American allies, it also exposed the limits of Chinese power. Some have asked whether America’s actions in Caracas could pave the way for something similar in Taipei.
In the immediate aftermath of the US' intervention in Venezuela, some analysts were quick to opine that the attack will embolden China to strengthen its territorial claims over areas such as Taiwan and parts of the South China Sea.