Xi Pong doing the finance protectionism

OilPrice:

Moreover, China’s loans to Venezuela are particularly opaque. CSIS says that China has often routed its investment in Venezuela through Hong Kong to undisclosed locations. And oil-for-cash deals are especially difficult to track. Countries that overly dependent on oil exports have historically been prone to corruption, but China’s effort at obscuring the money trail to Venezuela has added “yet another layer to the entrenched corruption of the Maduro regime,”