China's recent support for Maduro in Venezuela, condemnation of the US for ending their exemption from Iranian oil sanctions, and their many energy related trea

China's recent support for Maduro in Venezuela, condemnation of the US for ending their exemption from Iranian oil sanctions, and their many energy related treaties and contracts they've signed with Russia over the past decade point to their understanding of this weak point. The Chinese have been making all the right moves in positioning themselves as an alternative to American hegemony for these energy-rich countries that have become targets for the American destabilization machine. I doubt there will ever be such a thing as the PetroYuan but the era of the PetroDollar might rapidly come to a close should China goad the Maduro regime into putting their oil industry's infrastructure up as collateral in return for Chinese investment in sorely needed maintenance, upgrades, etc for that industry. China is the only nation with the financial means (even if it's all funny money as this article implies) to rebuild Venezuela's oil infrastructure that has been massively underfunded to the tune of tens of billions of USD a year for over a decade. The Maduro regime may be desperate enough to sign an agreement similar to the ones China has been offering African nations whereby a loan that will never be repaid is made with the knowledge that China will wind up owning the assets put up as collateral when the country in question eventually fails to meet their obligations.