Opinion | Trump’s Venezuela oil deal: why China can wait and watch
- Posted on September 8, 2026
- By South China Morning Post
- 1 Views
- 1 min read
Trump's proposed Venezuela oil strategy faces significant challenges despite executive optimism. While Beijing adopts a patient stance, observers question the deal's sustainability without substantial infrastructure investment and technological support. Energy independence requires more than political declarations—it demands sustained capital deployment, advanced expertise, and realistic timelines. China's measured response suggests confidence that geopolitical and economic realities will ultimately determine outcomes in Latin American energy markets.
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