Venezuela and China agreed to hundreds of projects to kickstart growth in the South American country. After billions in investments, however, little materialized. A USD 200 million rice plant illustrates the graft and incompetence that opponents say crippled development by Venezuela’s leftist regime. The project was meant to feed millions. In Delta Amacuro, a remote Venezuelan state on the Caribbean Sea, a Chinese construction giant struck a bold agreement with the late President Hugo Chávez. The state-run…