Political chaos in Venezuela sparked by international support for the leadership of opposition politician Juan Guaidó has called into question more than $25bn worth of investments made by China and Russia, the most prominent backers of Nicolás Maduro’s threatened regime.
But while Beijing and Moscow worry about the future of their ally and the fate of their investments in his administration, western investors have cheered the news of a potential leadership change in Caracas that could help the country’s battered economy turn a corner.
Beijing and Moscow are owed billions of dollars by the crisis-wracked country and have billions more tied up in investments signed with Mr Maduro’s administration.
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