Before buying or increasing ones positions it’s a grand idea to express fault in whatever you are interested in. Here’s the latest rundown. In terms of reserves; Saudi Arabia comes in SECOND. Second to Venezuela. Canada trails at number three in the World. China cornered future Venezuelan exports. This leaves Canada open for sale.Canada and Venezuela. All the rest, except deep-sea, is window dressing. Bloomberg) — For debt investors betting Venezuela will default this year as oil slumps, there is one big wildcard that threatens to sink the trade: China. The Asian nation, whose $3.9 trillion in foreign reserves are the world’s largest, has a history of lending out money to Venezuela, having doled out $45 billion over the past decade. And it has a strong incentive to provide more — Venezuela sits on the world’s biggest oil reserves while China […]