China Orders Banks to Assess Venezuela-Related Loans
China Orders Banks to Assess Venezuela-Related Loans
Udumbara
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China is ordering its banks to review billions in Venezuela-linked loans after Washington's capture of Nicolás Maduro, reflecting rising concerns over geopolitical shocks to lenders.
China's economic growth slowed to its weakest pace in six months last December.
Maduro pleaded not guilty to narco-terrorism charges at his first New York court appearance on Monday. Meanwhile, President Donald Trump issued a stern warning to Venezuela's interim leader, Delcy Rodriguez, saying she would "face a situation probably worse than Maduro" if she failed to "do what's right."
The United States' capture of Venezuela’s Maduro is sparking debate over whether Beijing could attempt something similar against Taiwan’s president.
South Korea's president is visiting China this week, hoping to boost ties and economic cooperation. How will negotiations play out? A geopolitical expert breaks it down.
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