Chavistas-in-China syndrome

"Is this where you train your employees on Marxist theory?"

“Is this where you train your employees on Marxist theory?”

On this blog, the occasions where we actually congratulate the government for something are extremely rare. Today is one of those occasions.

A few days ago, Vice-President Jorge Arreaza went to China. Instead of the usual “pulling-out-your-hat-and-begging-for-money” and leaving it at that, he instead begged for money … but also learned something about the Chinese economy.

Guided by Chinese government officials obviously desperate for Venezuelans to learn something about economic policy (and secure their future cash flow), Arreaza visited China’s “Special Economic Zones.” These areas were the brainchild of the visionary Deng Xiaoping, and form the basis for the modern Chinese economy because, in them, certain rules and market forces are actually respected.

These zones lie at the heart of China’s “new industrial policy,” whereby the State and private business combine to invest in technology, human capital, and export-oriented businesses.

I’ve been making the case that this is the way to go – both for Venezuela and for Chile. Unless Latin America learns the lessons of China, Korea, Japan and other Asian countries, we will never develop. (For a great read on this topic, see this book – I’m meeting the author next month, and I’m thrilled)

It would be nice if Mr. Arreaza became famous for something other than who he shares a bed with. He should learn from the Chinese as much as he can, and not use them simply as an ATM.

Here at Caracas Chronicles, we have to celebrate any time these chavista bureaucrats learn something about the world outside of Cuba. We congratulate Arreaza on his recently discovered thirst for knowledge. Hopefully he can bring some of that back to Venezuela, to see if he can fix the mess that they’ve created.

11 thoughts on “Chavistas-in-China syndrome

  1. And how do you know he learned anything? This was not his first visit to China. remember he is the son in law of the satellite project, for which he went to China a few times, but forgot to build the land antennas so that the satellite could be controlled from Venezuela, You think nobody told him he needed to build them in China?


      • Your name must be Job, not Juan…and not Job as in Steve Job but as in the Biblical one :-)

        That guy will never ever learn anything but how to better hide his foreign accounts


      • “Therefore, the Vice President said that it is expected that a special committee from Venezuela will conduct a month-long trip to China to visit economic zones that the country has successfully installed, and thus evaluate and generate strategies of our own “that allow to establish areas for our socialism. ”

        Arreaza promised to establish “areas of socialism,” which seems quite the opposite of what China did: zones of Capitalism! He really is apparently thick enough to learn exactly the opposite lesson the Chinese are trying to teach him.


  2. Suggestion: a year from now, check up on the development of Special Economic Zones, in Venezuela, moreover, after “..un equipo venezolano [haya ido] al menos a diez zonas económicas en China para definir muy bien nuestra fórmula” (Arreaza dixit).

    Remember, too, Juan, the impulse for this *new-found interest* of Arreaza was due to “El Gobierno chino no quiere imponer un modelo, sino que quiere que aprendamos de sus errores y sus aciertos…”

    Al César lo que es del César.


  3. Here’s a pleasant thought:

    Maybe the Chinese will require any future loans to have strings attached? Wouldn’t that be a hoot? Perhaps Arreaza was ‘forced’ to go these new ‘economic zones’ and learned his first Chinese phrase, ” Pay attention Jorge, and listen to what he’s saying!”


  4. do you think they care about venezuela and learning how push a country forward?
    This is chavismo we’re talking about


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