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China Built a Vast Oil Stake in Venezuela. Now It Risks Getting Muscled Out.
WSJ· 2026-01-24 04:00
Core Insights - Beijing's influence in Venezuela is now heavily dependent on the preferences of the Trump administration following the potential ouster of Maduro [1] Group 1 - Beijing's strategic moves have significantly increased its sway in Venezuela, which is now at risk due to changing political dynamics [1] - The Trump administration's stance will play a crucial role in determining the future of Chinese investments and influence in Venezuela [1]