Experts from Russia: The situation in Venezuela affects the Chinese market!
January 4, Russian News Agency published an article.
On Saturday, US President Donald Trump claimed that the United States had carried out a large-scale strike on Venezuela, and Maduro and his spouse had been captured and taken out of the country.
Media reported explosions in Caracas and said that the operation was carried out by the elite Delta Force special forces.
Venezuela has entered a state of emergency.
Alexei Rogin, financial advisor of RIA Novosti, said that the situation in Venezuela would not affect the Russian market, but China would face the necessity of purchasing a large amount of oil at higher prices as an alternative to Venezuelan crude oil.
Rogin emphasized that as the main buyer of Venezuelan oil, these events may force China to "continue to purchase the same amount of crude oil, but at market price, which is clearly unfavorable."
Orientalist Alexei Maslov pointed out that since 2007, China has actively developed relations with Venezuela, exchanging substantial investments for payment in oil from the country.
He explained that China imports about 560 to 580 million tons of crude oil per year, while Venezuela accounts for only 1% of this.
This seems strange: why go far to transport oil when stable supplies can be obtained from Russia and Saudi Arabia.
Since 2007, China has begun to develop its relations with Venezuela.
Think about this number - China has invested hundreds of billions of dollars in direct investment in Venezuela.
China's main investments have been in the field of mineral resource exploration, not only investing funds, but also including equipment and technical experts.
China has deeply integrated into the regional economic structure by building infrastructure, roads, bridges locally, and cultivating professional talents.
Although US President Donald Trump's strike on Venezuela has many excuses, the real purpose is oil.
The US military captured the President of Venezuela
Original: toutiao.com/article/1853336957658112/
Statement: This article represents the personal views of the author.