China won’t miss Chavez’s mismanagement of oil industry

The loss of one of the world’s most prominent socialist leaders is less important to China than the billions it has invested in Venezuelan oil.

<div style="text-align: left;"> Hugo Chavez: Venezuela's leader has squandered oil wealth </div>

Nick Ferguson

March 07, 2013

As the news of Hugo Chavez’s death filtered through the Great Hall of the People yesterday, China’s leaders must have had mixed emotions.

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