Zheng Zhong comments on China’s position on Venezuela

“Chinese investments and loans in Venezuela alone are over half of those for Latin America. This is a clear sign of the importance of Venezuela’s stability to China, “said Zheng Zhong, the Owner of  Terraland Group and Chairman of CEDR.

Since the beginning of the tension in Venezuela, Beijing has issued a statement calling for refraining from interference by external factors regarding the domestic policy of a sovereign state, as well as for peace and stability in Venezuela. Chinese investment and loans in the country over the past decade exceed $55 billion and represent more than 60% of Chinese investment and loans in Latin America.