Geopolitical Economy Report • 837 implied HN points • 16 Sep 23
- China and Venezuela have deepened their strategic partnership, challenging the hegemonic mindset and sanctions imposed by the US.
- Venezuela has significant economic potential due to its vast oil and gas reserves, attracting interest from China as a reliable energy partner.
- The growing alliance between Venezuela and China symbolizes a shift towards South-South cooperation, emphasizing mutual development and multipolarity in today's global landscape.