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China opposes unilateral sanctions imposed on Venezuela by the United States, Geng Shuang, spokesman for the Chinese Foreign Ministry, said Tuesday at a press conference.
"We oppose unilateral sanctions, history has shown that the intervention or the imposition of sanctions has only complicated the situation and could not solve the problem", a- he declared.
"The sanctions will lead to a deterioration of the lives of the people in Venezuela, the countries that advocate sanctions must respond to the serious consequences that will result"He stated.
In addition, the spokesman reiterated that Beijing would continue to collaborate with Caracas despite the restrictive measures mentioned above. "The Chinese side will continue to cooperate with Venezuela in all areas, under conditions of equality, mutual benefit and general development ", he badured.
John Bolton, National Security Advisor to US President Donald Trump, announced the imposition of sanctions against Petroleos de Venezuela S.A. (PDVSA).
The restrictive measures include the freezing of about 7,000 million dollars of badets of this Venezuelan state company, in addition to an estimated loss of $ 11,000 million of its exports to the United States. in the next few years, said US Treasury Secretary Steven Munchin.
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