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China voices support for Venezuela after US orders blockade of sanctioned oil

03:23 Min

China is standing by Venezuela, after Washington ordered a blockade of oil moving in and out of the South American nation. The move potentially has a global ripple effect, particularly for Beijing, as analysts say around 80 per cent of Venezuelan oil goes to China. 

China is standing by Venezuela, after Washington ordered a blockade of oil moving in and out of the South American nation. The move potentially has a global ripple effect, particularly for Beijing, as analysts say around 80 per cent of Venezuelan oil goes to China. 

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