China Sanctions U.S.A. Over Venezuela Maduro Arrest

China Sanctions U.S.A. Over Venezuela Maduro Arrest

China hits US with stealth economic counteroffensive after Maduro's arrest.

The Bank of China has discreetly suspended all US$ transactions with companies linked to the US defense sector. Boeing, Lockheed Martin, Raytheon, and General Dynamics have seen their China-related transactions frozen without warning.

State Grid Corporation of China (SGCC) announced technical reviews of contracts with US suppliers of electrical equipment, signaling a deliberate decoupling from American technology.

China National Petroleum Corporation reorganized its global supply routes, canceling oil delivery contracts to US refineries worth $47 billion annually and redirecting supplies to India, Brazil, South Africa, and other Global South partners.

This is just the beginning. China does not want to be booted out of Venezuela’s oil business.

 

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