The US strike on Venezuela and capture of President Nicolás Maduro sent shockwaves across the globe — particularly in China, Venezuela’s top crude buyer and creditor.

On today’s Big Take Asia Podcast, Bloomberg’s Jenni Marsh and host K. Oanh Ha talk through what the intervention means for China’s strategic ties and oil supplies and how the military strike could change Beijing’s stance toward Taiwan.

Read more: Xi Faces Higher Costs in Taiwan Than Trump Does in Venezuela

Further listening: How the Fall of Maduro Could Echo Around the World

Hosted by K. Oanh Ha; Produced by Naomi Ng, Eleanor Harrison-Dengate, Rachael Lewis-Krisky; Reported by Jenni Marsh; Edited by Jeff Grocott, Emma O’Brien, Daniel Ten Kate, John Liu.

Fact-checking by editorial team; Engineering by Alex Sugiura.

Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The US strike on Venezuela and capture of President Nicol&aacute;s Maduro sent shockwaves across the globe &mdash; particularly in China, Venezuela&rsquo;s top crude buyer and creditor.
On today&rsquo;s Big Take Asia Podcast, Bloomberg&rsquo;s Jenni Marsh and host K. Oanh Ha talk through what the intervention means for China&rsquo;s strategic ties and oil supplies and how the military strike could change Beijing&rsquo;s stance toward Taiwan.
Read more: <a href="https://www.bloomberg.com/news/articles/2026-01-05/xi-faces-higher-costs-in-taiwan-than-trump-does-in-venezuela">Xi Faces Higher Costs in Taiwan Than Trump Does in Venezuela</a>
Further listening: <a href="https://www.bloomberg.com/news/articles/2026-01-05/venezuela-after-maduro-what-s-next-for-region-oil-markets-after-us-strikes?srnd=undefined">How the Fall of Maduro Could Echo Around the World</a>
Hosted by K. Oanh Ha; Produced by Naomi Ng, Eleanor Harrison-Dengate, Rachael Lewis-Krisky; Reported by Jenni Marsh; Edited by Jeff Grocott, Emma O&rsquo;Brien, Daniel Ten Kate, John Liu.
Fact-checking by editorial team; Engineering by Alex Sugiura.
Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

The Big Take from Bloomberg News brings you inside what’s shaping the world's economies with the smartest and most informed business reporters around the world. The context you need on the stories that can move markets. Every afternoon.

Big Take

How Venezuela Shifts China’s Calculus

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/8697f16b-4233-4490-976f-b3ca01589373/transcript

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