The Asian country has reduced its investments in Venezuela as it turns its attention to Africa
“Ready for a historic visit to strengthen cooperative ties and build a new global geopolitics. There will be good news for the Venezuelan people,” he said. Nicolas Maduro after landing in the Chinese city yesterday Shenzhen. The “son of Chávez,” who has limited his international travel to the maximum since the 2019 opposition challenge, began with this prediction a visit aimed at “strengthening his ties with the illiberal axis, not only for its survival, but for Venezuela “from their isolation,” María Puerta Riera, professor of American government in Florida, told EL MUNDO.
Ripe Go back to China Five years later, just as world leaders met for a summit in the other Asian giant, India G20 in which Chinese leader Xi Jinping will not attend. The Chinese Foreign Ministry assured that Maduro’s stay would last until the 14th.
“China and Venezuela have built an unbreakable, ironclad relationship. They strongly support Venezuela in preserving its national independence and dignity,” the vice president said. Delcy Rodriguez, who had previously traveled to Shanghai and Beijing to meet with Xi Jinping’s foreign minister. “A brotherhood that is armed against everything,” he attested Nicolasito MaduroSon of the President who is part of the Venezuelan delegation.
For its part, the Asian government also made it clear that it was ready to take a “new step” in its bilateral relations. The support of the major autocratic regimes on the planet (China, Russia, Iran, Cuba) was fundamental that Maduro can withstand international pressure from the United States.
“Xi is taking advantage of the fact that Russia is engaged in a brutal war that is weakening the Putin regime and positioning himself as the leader of an anti-Western and anti-liberal alliance. Maduro will use the platform to show that he is “defeating his enemies,” Puerta Riera added.
“The geopolitical calculation of Competition between China and the USA is relevant. So far, Chinese economic pragmatism in relations with Venezuela has been deprived, aware and disappointed by the poor management of Maduro, who expects a vote of confidence and silver (money) from Xi,” noted internationalist Mariano de Alba, senior advisor of the Crisis Group , which puts the “significant support” Chavismo needs for next year’s presidential election at at least $5 billion.
Maduro faces next year’s presidential election and is determined to remain in power until then 2030Although 85% of Venezuelans want change immediately in your country. The revolution Day after day it is preparing the best electoral scenario, which has already forced the introduction of a new National Electoral Council (CNE), more Madurist than ever. He Chavismo He has also sidelined his main electoral rivals, including liberal María Corina Machado, who is leading all polls ahead of next month’s opposition primaries.
Political support is one thing, “money” is quite another. “China is not having its best moment, and not just because of it economic challenges, but because of the characteristics of its model and the way these affect its ambitions as a world power. China will no longer release resources as before. “They know a lot about corruption, and they know Chavista corruption firsthand,” political scientist Puerta Riera told this newspaper, knowing that China has other regions in its sights, such as China Africaand is gone Reducing your investment In Venezuela.
Renegotiate that Debt and energy investments These are basically the big factors to consider. And the money? “It will be enough for Maduro to turn announcements into promises as part of his electoral strategy,” Puerta said.
“China was very reluctant to give the Maduro government a lifeline, insisted on the timely payment of debts with the delivery of oil and committed to small but relevant investments in energy projects. (However, China could bet on it.) Stability that ensures the continued collection of debts but also access to investments and resources in Venezuela,” De Alba predicted.
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