Here's where I'm at:
The Orioles clearly need to invest in and further spend in Latin America, specifically the Dominican Republic.
(In reality, Venezuela is becoming less and less of an option for all teams because of the political and social issues. The Venezuelan Summer League may not even happen this year due to lack of teams and I'm pretty sure there are less than 10 team academies in VZ now.)
But the DR has to be mined and invested in more. It's just inexcusable not to use all of your bonus pool every single year in that talent hotbed. And, like I said above, every so often you need to strategically go over your bonus and just pay the tax like 33-50% of the league is doing every year.
Now, I'm fine with using some resources in new areas, China being an example. Just by sheer population numbers there has to be some talent there. Frankly, In China, I doubt the O's are spending much since it's MLB's academy. Maybe spending some money on a scout or two to fly over and check it out, or some equipment, but that's about it. It's worth the investment and I really don't see how anyone can think they're spending more money in China than in the DR.
It's OK to invest in brand-new markets but what you really need to go is put money into the places that are and have been churning out major league talent for decades. That's the DR.