‘Direct hit’: China dealt blow as US-backed firm takes over Venezuelan oilfields
- Posted on September 2, 2026
- By South China Morning Post
- 0 Views
- 1 min read
In brief
Generating AI summary…
‘Direct hit’: China dealt blow as US-backed firm takes over Venezuelan oilfields
Venezuela was the biggest recipient of China’s lending to Latin America, and Beijing is unlikely to recover debts, one analyst says.
)
