Chinese Foreign Minister Wang Yi said Beijing cannot accept any country acting as the “world’s judge” after the United States captured Venezuela’s President Nicolas Maduro.

The world’s second-largest economy has provided Venezuela with an economic lifeline since the U.S. and its allies ramped up sanctions in 2017, purchasing roughly $1.6 billion worth of goods in 2024, the most recent full-year data available.

Almost half of China’s purchases were crude oil, customs data shows, while its state-owned oil giants had invested around $4.6 billion in Venezuela by 2018, according to data from the American Enterprise Institute think tank, which tracks Chinese overseas corporate investment.

    • Aljernon@lemmy.today
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      2 months ago

      The key difference, for those unfamiliar with Asia or history, is that South Korea is a cohesive modern nation with a competent military and a strong sense of national identity that feel genuine friendship with the US (for now at least). All things that weren’t true about South Vietnam.

      • Alcoholicorn@mander.xyz
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        2 months ago

        South Korea was essentially invented by the US in 1947, it took trillions in investment, and decades of propaganda+imprisoning/killing everyone left of Sygmon Rhee to create the nation of South Korea…

        • Aljernon@lemmy.today
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          2 months ago

          How is that pertinent to whether or not the US had the capacity to best NK militarily in the 90s?