Thinking About China
Opinion

Maduro’s Seizure Looks Like a Big Setback for Beijing

Maduro’s seizure by U.S. armed forces imposes a major setback on Beijing’s economic plans and especially its monetary ambitions.
Maduro’s Seizure Looks Like a Big Setback for Beijing
Venezuelan President Nicolás Maduro (C) leaves his country's embassy in Beijing on Sept. 14, 2023. Pedro Pardo/AFP via Getty Images
Milton Ezrati
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Commentary

Nicolás Maduro’s seizure by the armed forces of the United States has forced a recalculation of strategies across the globe. Government and business leaders in Europe, the Middle East, Asia, and, certainly, Latin America have had to rethink their military, diplomatic, economic, and financial plans.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is “Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.”