China's support for Nicolas Maduro in Venezuela is likely driven by protecting its $60 billion investment and securing access to the country's oil reserves. Nearly half of all Chinese loans to Latin America and the Caribbean have gone to Venezuela, reflecting a strategic interest in the country's resources despite its economic turmoil.
If China were primarily concerned about recovering its huge investment in Venezuela, it would support Maduro's more market-oriented opponent, Edmundo Gonzalez. An end to radical socialism could potentially lead to economic growth and stability in the region.
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