A Study Of Venezuela 's Policy Toward China In The New Period (1998 - 2014)

As the international exchanges between China and Latin American countries getsconstantly enhanced, remarkable achievements have been made in the bilateralcooperation between these two sides in fields of politics, economics and trade, culture,science and technology, etc. This paper chooses Venezuela, the country that has beenmaintaining sound relationship development with China in recent years, as the objectof study. Through research on the evolution of Venezuela’s policy towards China fromthe end of20thCentury till now, this paper conducts an in-depth analysis of variousfactors affecting Venezuela’s policy towards China by studying both its internal andexternal situations during different periods of time as well as Sino-Venezuelarelationship, and has made rational judgment on Sino-Venezuela relationship.Since the21stCentury, political mutual trust between China and Venezuela has beenconstantly reinforced and cooperation in various fields are all going well, in particular,the economic and trade cooperation between the two countries has been growingremarkably. Sino-Venezuela bilateral relationship has become one of the highlights ofSino-Latin American relations, and it will play a positive role in the futuredevelopment of Sino-Latin American exchanges. As a major strong power of the LatinAmerican area, Venezuela’s current relation of cooperation with China is the result ofmultiple factors, including domestic and international factors, with both randomcauses and inevitabilities. It’s fair to say that it’s a very distinctive case of bilateralrelationship in today’s international community.However, for the government-dominated Sino-Venezuela cooperation to realizelong-term sustainable growth, both sides have a long way to go. Venezuela needs tofurther open up to China, and capitalize on Chinese investment to improve people’slivelihood, make up for its weakness in light industry, look after interests of domesticmiddle-class, and safeguard its social stability. China needs to maintain close cooperation with the Venezuelan government, protect the interests of Chineseinvestment in Venezuela, and expand extensively the cooperation channels; whileChina also needs to reach out to all social sectors in Venezuela, opposition politicalparties included, so as to hear the demands voiced by all parties, maximize itscapacity to respond to possible domestic upheavals in Venezuela, and maximizeChina’s interests in Venezuela.This paper provides a solid example for the further study of Sino-Latin Americarelations, as well as a valuable reference for analytical judgment on Sino-Venezuelarelationship.