China Should be on the Alert for Macroeconomic Risks in Venezuela
ANBOUND
Venezuela's inflation has been quite serious. It is worthy of attention that China has large amount of investment and loans in Venezuela. Because of falling oil price and worsening financial condition, the former $20 billion already has debt default. In the opinion of ANBOUND research team, macroeconomic risks in Venezuela, including the serious inflation and depreciation of currency, will be the biggest risks for Chinese enterprises. Once hyperinflation and currency crisis break out in Venezuela, they will causes immeasurable loss of China's investment and loans.