By Daniel Szewc | Poland
With the confirmation that the Venezuelan police force, under the control of Nicolás Maduro, has started shooting at protesters, the situation in Venezuela has only gotten tenser. This is all happening in the midst of the POTUS, Donald Trump, recognizing Venezuelan opposition leader Juan Guaido as the country’s legitimate president, albeit an interim one. Not only are Maduro’s interests even more at stake now, but the People’s Republic of China’s are also facing a conflict in the region.
The nations of Brazil, Paraguay, Canada, and Colombia have all, within 24 hours, recognized Juan Guaido as the Interim President of Venezuela. This lack of balance of recognition in contrast to power may be the cause of the escalation of violence in the streets of Caracas.
According to Bloomberg, the Chinese government has agreed to extend Nicolás Maduro’s credit line by $5 billion USD. This given sword, as usual in the Eastern dragon’s case, has two edges: Venezuela is obliged to sell China it’s most valuable resource, oil, at a very cheap price. A huge manufacturing economy, China relies on oil for its production of goods, without which their fast-growing economy would fall into ruins.
If the American government decides to intervene in favor of it’s preferred side of Venezuela’s political scene, then a proxy war between China, which majorly invested in Maduro’s army, and the USA is extremely likely to occur. China will be anything but reluctant to give up its neo-colonial acquisition.
Even though this conflict is unlikely to spread outside of North and South America, the ensuing famine and mass migration is sure to destabilize the whole region, as well as possibly hit the United States.
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