Jiang argues that China may accept US hemispheric primacy if Chinese firms can modernize Venezuelan energy infrastructure and buy resulting resources in dollars as a hedge against Middle Eastern war risk.
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Oil hedge
A transcript-matched topic anchored by excerpts such as "And it really wasn't getting that much from these investments because Venezuela was corrupt. It was being sanctioned by the United States. So if..."
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"And it really wasn't getting that much from these investments because Venezuela was corrupt. It was being sanctioned by the United States. So if..."
"And this will also hedge against the possibility of a war in the Middle East because China gets 50 % of its oil from..."
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