Venezuela, the State That Refuses to Collapse • Stimson Center
China has limited its involvement in crises in Venezuela, preferring to secure its economic interests and avoid reputational cost.
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China has limited its involvement in crises in Venezuela, preferring to secure its economic interests and avoid reputational cost.
According to the International Monetary Fund, China has been the biggest economy in terms of purchasing power parity since 2016, and it was about 116 percent the size of the economy of the United States last year.
What’s new? Crime and violence have simmered along the lengthy Colombian-Venezuelan frontier for decades. But the regional spillover of Venezuela’s political conflict and economic collapse has caused ties between the two states to fray as well, amid border closures, a migrant exodus and rival military exercises. Why does it matter? Numerous armed groups clash with one another and harm citizens along a border marked by abundant coca crops and informal crossings. High bilateral tensions could spur escalating border hostilities while perpetuating the mistreatment of migrants and refugees...