Chinese Foreign Minister Wang Yi said Beijing cannot accept any country acting as the “world’s judge” after the United States captured Venezuela’s President Nicolas Maduro.

The world’s second-largest economy has provided Venezuela with an economic lifeline since the U.S. and its allies ramped up sanctions in 2017, purchasing roughly $1.6 billion worth of goods in 2024, the most recent full-year data available.

Almost half of China’s purchases were crude oil, customs data shows, while its state-owned oil giants had invested around $4.6 billion in Venezuela by 2018, according to data from the American Enterprise Institute think tank, which tracks Chinese overseas corporate investment.

  • Aljernon@lemmy.today
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    20 days ago

    All that NK artillery was the real deterrent. Before NK developed Nukes, after the cold war the US could have relatively easily crushed them except for the incredible amount of collateral damage they could have done to SK. However, in the post Ukraine/Trump presidency age, securing a stock of nukes or joining a defense coalition that includes at least one member with nukes seems like the wise decision. Heart breaking really.

      • Aljernon@lemmy.today
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        20 days ago

        The key difference, for those unfamiliar with Asia or history, is that South Korea is a cohesive modern nation with a competent military and a strong sense of national identity that feel genuine friendship with the US (for now at least). All things that weren’t true about South Vietnam.

        • Alcoholicorn@mander.xyz
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          20 days ago

          South Korea was essentially invented by the US in 1947, it took trillions in investment, and decades of propaganda+imprisoning/killing everyone left of Sygmon Rhee to create the nation of South Korea…

          • Aljernon@lemmy.today
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            16 days ago

            How is that pertinent to whether or not the US had the capacity to best NK militarily in the 90s?

          • Warl0k3@lemmy.world
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            20 days ago

            I think you’re giving the US way too much credit here. They helped south korea establish itself with a massive investment, but they didn’t “invent” the country, and its pretty insulting to south koreans that you’re so willing to take away their agency in the matter.

              • thespcicifcocean@lemmy.world
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                20 days ago

                if i remember correctly, the north koreans also had a role to play in drawing that map, seeing as how the north korean army was pushed all the way north to china’s border.

                • Alcoholicorn@mander.xyz
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                  19 days ago

                  No, I mean at the end of WWII, there was just japanese-occupied Korea, the US drew the line, held a sham election to put their puppet in power, and prepared to take the rest of Korea.