One of the prevailing narratives that’s emerged following the U.S. military intervention in Venezuela and the detention of President Nicolás Maduro is that this is a major setback for China. Some analysts have called it a “strategic failure” on Beijing’s part, while others have described it as “reality check” for China’s role as a “global player.”
But China’s ability to influence events in Venezuela and elsewhere in Latin America is extremely limited, so the assessment that what happened in Caracas was a blow to Beijing may also be overstated.
