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.

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[–] 4 points 9 months ago

According to the BBC:

What was agreed for the future of Hong Kong?

China agreed to govern Hong Kong under the principle of "one country, two systems", where the city would enjoy "a high degree of autonomy, except in foreign and defence affairs" for the next 50 years.

Hong Kong became a Special Administrative Region, and would retain certain freedoms, including:

  • an independent judiciary
  • multiple political parties
  • freedom of assembly and speech

The territory has its own mini-constitution - the Basic Law - that enshrines these rights.

It states that "the ultimate aim" is to elect the territory's leader, the chief executive, "by universal suffrage" and "in accordance with democratic procedures".

What actually happened is the Chinese Government immediately went in with their military, restructured the legislative body, and cracked down hard on any dissent.

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