Background on Venezuela's oil nationalization

Hainan Province has begun its special customs operations, a milestone in China's high-standard opening up (01:04). China says Japan's recent actions have cast doubt about whether it is intentionally stirring up troubles and provocations to justify its military buildup (14:28). The U.S. president says he wants to take back oil he claims stolen by Venezuela, while Caracas says Venezuelan oil and soil are rightfully theirs (23:24).