MICHAEL WALSH AWARD-WINNING JOURNALIST

China’s interest in Venezuela will be protected by law. In response to Washington’s banditry, Beijing did not threaten military action.

Instead, they have announced something much more dangerous for American power: They are going to make regime change unsafe. Here’s what most analysts lack:

It’s not 19 billion dollars of Chinese money invested in Venezuelan loans. That’s about $1.3 billion in Belt and Road debt distributed in 150 countries.

Every dollar China has lent to Africa, Asia, Latin America, and the Pacific is guaranteed by the same legal assumption

That all sovereign leaders can sign contracts that successor governments must honor.

However, the United States removed a sitting president and his wife from their bedroom and took him to Manhattan. If that precedent holds, every Belt and Road loan will become useless paper. Every port business, every railway, every power plant, evaporates.

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The Chinese Foreign Ministry did not simply issue a protest. They’ve issued a declaration of existential necessity.

They will prosecute the international referee. They will invoke bilateral investment treaties.

They will take Trump through every court, from The Hague to Singapore.

They will change the legal cost of the American regime so catastrophically that the next president will think twice. Not for Mature.

For all the architecture of Chinese overseas loans. Trump told Fox: ‘There will be no problems with Xi.’ Xi just replied: There will be 10,000 lawyers.

Look at the next 90 days. If China successfully enforces a single contract against a post-Mature government, it will establish a precedent. Just one contract will demonstrate that changing the American regime does not cancel the Chinese debt. This is not just a victory for Venezuela. This is a global power restructuring.

The 21st century won’t be decided by aircraft carriers. It will be decided by who writes the contracts and who can enforce them after the coup d’état.

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