Why does the Venezuela crisis matter to China? | FT #shorts

So what does China have at stake in the Venezuela crisis. The first thing is geopolitical influence. Since 1999 when Hugo Chavez took power in Venezuela, the country has been a springboard for China into Latin America.Today, China's bilateral trade with Latin America exceeds 500 billion with China buying commodities ranging from copper to iron ore and of course oil. But after it kidnapped Venezuelan President Nicholas Maduro, the US has made clear that the Western Hemisphere is off limits for its adversarie ...