Latin American Economy & Business - October 2018

Venezuelan President Nicolás Maduro visited China from 14-16 September, signing a series of cooperation agreements. According to the Venezuelan version, the agreements were worth billions of US dollar and showed that China, a country Maduro described as Venezuela’s ‘big sister’, remains fully committed to helping his nation in a time of need. But despite a lot of smoke and mirrors, some say Beijing is still limiting its exposure to Venezuelan risk.