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  • Los Angeles Times

    Russia and China, heavily invested in Venezuela, warily watch the political turmoil

    by Sabra Ayres and Tracy Wilkinson, Los Angeles Times Jan 28, 2019 4 minutes

    MOSCOW - Venezuela and President Nicolas Maduro have been a costly investment for Russia and China as they seek to expand their influence in Latin America. They are determined now not to lose ground.

    Moscow and Beijing are warily eyeing the events in Venezuela last week, when opposition leader Juan Guaido declared himself acting president and demanded that Maduro resign. The United States and other nations recognized Guaido as the rightful president.

    Maduro, a pariah in many world capitals, has been a frequent guest of Russian President Vladimir Putin and Chinese President Xi Jinping. With every visit, Maduro

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