China sent a delegation of economic and financial advisors to study and analyze the Venezuelan Petro cryptocurrency for its potential usage in international exchange. On the Venezuelan side, the Petro has become one of the few sources of hope for the government and the economy that has largely been destroyed by poor economic policy. With Chinese backing and limited international pressure, the current government may be able to avoid collapse and continue rule. 

Source: Venezuela, China Work to Boost Petro Cryptocurrency