Collapse of Venezuela from the Chinese Perspective: Chinese Flee As Crisis Worsens Daily

If people still doubt the significance of this rising superpower, point them to this article…

Translated from El Nacional

Back to its origins, the choice of thousands of Chinese fleeing Venezuela

Zheng Yun says that while China’s salaries are not buoyant, he says, at least “you earn a minimum wage of $ 400 or $ 500 a month” and you do not have to deal with complex problems like inflation, devaluation or social upheavals.

After more than 20 years pursuing “the Latin American dream” in Venezuela, Zheng Yun decided a few months ago to leave that country, protect his family from the violence and looting that his business was suffering and return to China, an option that, he says, Are following many of their compatriots.

The political, economic and social crisis that Venezuela is going through is bringing back to its origins many immigrants who arrived two or three decades ago, fleeing a China plunged in ostracism and economic depression and looking for a better future in the then thriving Venezuela.

“90% of the Chinese people I know, especially those who have no business and work for others, have gone to China or other places because there they do not earn 150 dollars,” Efe told an interview Telephone this young man who is not named Yun is not surnamed Zheng, but prefers not to reveal his true identity.

Although China’s salaries are not buoyant, he says, at least “you earn a minimum wage of $ 400 or $ 500 a month” and you do not have to deal with complex problems like inflation, devaluation or social upheavals.

Zheng is 36 years old and arrived in Venezuela at the age of 14. He returned to China four months ago with his two daughters and his wife, after living at the end of last year one of the most complicated moments of his life, when President Nicolas Maduro announced A series of economic measures such as the withdrawal of 100 bolivars (a decision that was postponed).

“At that time we lived in Ciudad Bolivar and people started to deposit money in the bank but the time (the term that Maduro gave) did not reach and in the city began looting the stores, so I decided to leave And look for ways to take my family to China, “he explains.

At that time ran a grocery store that got rid of the looting, but not the stores that were on the outskirts of the city, they were assaulted.

Zheng is from the township of Enping, in the southern province of Canton, as were most of the people who emigrated to Venezuela in the 1980s and 1990s, as the Chinese carry out chain migrations, family members lead to others, and so on.

Although they did not specify details in this respect, sources of the municipality of this municipality confirmed to Efe that this phenomenon is taking place in the last years. Those who then emigrated, are returning home.

Zheng recalls his childhood in China as “a very tough time,” because they grew up in the countryside and “we had nothing to eat”, he says, so his father had “to find a way to survive” and decided to leave America And take them later.

After a lifetime of work, he explains, Zheng is taking these months to rest, seeing what he can do and, above all, waiting for the situation to “relax” in Venezuela, where he continues to maintain his businesses and properties.

“I have my whole life invested in Venezuela. If I go there I will not starve, but the issue of security is very worrying,” he explains. It is not his case but for many, he says, returning is not easy either because in China “wages are not good.”

According to an article published yesterday by the independent South China Morning Post, before Venezuela was plunged into the deep crisis that today there were 400,000 Chinese people living in the country but “tens of thousands have returned to China in the last three years “.

The newspaper collects testimony from people who have returned as Mey Hou, a 39-year-old Enping woman who fled Venezuela with her children in December 2015 after fifteen years in the country.

When she arrived in Caracas with a tourist visa in 2000, she explains, she was impressed by the expanding economy and the prospects of the country and lived her private dream.

He married a Chinese immigrant, had three children, two tents, obtained permanent residence and was able to take his brothers as well.

Until she was caught in the violence of social unrest. “My stores were stolen,” she recalls, so she decided to go back to her country and start over.