FLASHBACK - Cuba building on ‘new era’ of China ties | WHAT REALLY HAPPENED

FLASHBACK - Cuba building on ‘new era’ of China ties

Ever since its founding as a communist nation in 1959, Cuba has been economically dependent on allied nations. First came the Soviet Union, then Venezuela, and now it has a new benefactor – China.

The main driver of this new alliance is the crisis in Venezuela that has left the island drastically short of crude oil. Trade between the two countries is down 70% since Venezuela’s crisis began, according to the Cuban National Statistics Office, Dialogo Chino reported.

In 2017, the last year for which official statistics are available, Venezuela-Cuba trade was worth more than US$2.2 billion, equivalent to 12% of GDP that year. In the past two years, Havana has received less than half the 100,000 barrels of oil per day that Caracas exported from 2002 onwards.

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Possible motive for the US to regime change Cuba?

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