Why China's plans in Latin America are badly hit by Trump's power grab in Venezuela
- Alexandra Stevenson
- New York TimesUpdated: Jan 11, 2026, 17:22 IST IST
For China, President Donald Trump’s power grab in Venezuela is a frontal attack on a long-standing source of oil, cultivated through billions of dollars in loans and years of political courtship. But Trump has also expressed a wider vision for power that involves breaking China’s economic dominance across Latin America.