Venezuela's situation is deteriorating, and the "Constituent Assembly" election has led to continuous political, economic and social unrest, at the same time poses a significant risk to the country's huge investment and financing. Since 2007, China has provided 17 batches of US$ 65 billion in loans for refineries, gold mines, logistics, trade and railways in the form of oil-backed loans, as well as a large influx of private loans to Venezuela. If tens of billions of dollars of credit become bad debts, tens of billions of dollars of investment projects will not be able to operate, China's commercial presence and financing will face a huge risk and even bringing some financial risks.