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Venezuela was once South America‘s wealthiest country, and Latin America‘s most stable democracy. Today, 96% of Venezuelans are living in poverty. The country has been hijacked by a criminal dictatorship, and is used as an international hub for drug trafficking, money laundering, illegal gold mining, and political interference from foreign actors. While the country remains stuck in a political impasse, the situation remains underreported by major media outlets. This leaves fringe organizations free to capitalize on a lack of information to manipulate perceptions of the Venezuelan crisis through clever disinformation. This podcast seeks to right this wrong by revealing the truth to the world as the only active English-language podcast on Venezuela. Join host Rafael as he discusses with journalists, academics, and Venezuelan activists who share their research and personal stories to reveal the hidden depths of one of the greatest ongoing humanitarian crises in the world.
Episodes
Tuesday May 04, 2021
Tuesday May 04, 2021
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.
http://funacionandresbello.org
https://www.caracaschronicles.com/2021/04/09/the-venezuela-china-relations-arent-going-well/
https://www.caracaschronicles.com/2020/07/13/china-turns-the-pandemic-into-an-influence-tool/
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