At a recent stop in Chile during his South American tour, U.S. Secretary of State Mike Pompeo warned of China’s influence in the continuing crisis in Venezuela.
The secretary of state added: “It’s no surprise that Maduro used the money for tasks like paying off cronies, crushing pro-democracy activists, and funding ineffective social programs.”
After more than two decades of socialist policies, Venezuela is in a socio-economic crisis marked by food shortages and hyperinflation. The crisis led to Juan Guaidó, leader of Venezuela’s opposition-controlled National Assembly, to declare himself acting president on Jan. 23, to challenge Venezuelan dictator Nicolás Maduro, who has been in power since 2013.
Pompeo had strong words in response to those accusations: “China and others are being hypocritical calling for non-intervention in Venezuela’s affairs. Their own financial interventions have helped destroy that country.”
According to Reuters, Venezuela is sitting on about $150 billion of debt, of which China is the largest creditor. Chinese loans have financed infrastructure projects, factory construction, and, under former leader Hugo Chávez, handout programs to the poor.
“China evades sanctions we have placed on the [Maduro] regime by investing in the country and extending generous loans to prop up the dictatorship in Caracas,” Scott said.
Beijing’s Military Support
Beijing has been one of Venezuela’s biggest military suppliers in recent years. According to an April 9 article by Foreign Policy magazine, citing data from the U.S. military, China has sold more than $615 million in weapons to Venezuela over the past 10 years.China has supplied Venezuela with conventional weapons systems and munitions, as well as “riot control vehicles and other equipment for helping the regime to put down protests,” according to Ellis. Some of the conventional weapons include military radars, fighter jets, and rocket launchers.
Large portions of the Chinese weapons sold since 2014, such as armed cars and pistols, have gone to the Maduro regime’s “Bolivarian National Guard,” which is known for suppressing civilian protests.
In addition to selling weapons, Beijing also has provided technical training and military exercises in China for Venezuelan officers, according to Ellis. For instance, in July 2017, airborne troops from seven countries, including Venezuela, Russia, and Iran, took part in a military contest in Guangshui City in central China’s Hubei Province, according to the Chinese regime’s mouthpiece newspaper People’s Daily.
“There is no other actor in Latin America, with the possible exception of the Cubans, who as much controls the fate of Nicolás Maduro and his henchmen as China does,” Ellis told Foreign Policy.
Four-star U.S. Navy Adm. Craig Faller, who is head of the U.S. Southern Command, also warned of China’s threat to Venezuela and elsewhere, in comments to Foreign Policy.
“I think the biggest threat to democracy and the way of life around the world is the trend that we see in China,” Faller said.