China will finance and build 20.000 housing units in Venezuela

Thursday, March 17th 2011 - 18:04 UTC

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Venezuela signed an agreement with Chinese companies Citic Group and Industrial & Commercial Bank of China Ltd. to negotiate a 4 billion US dollars loan to finance oil and construction projects, President Hugo Chavez said in Caracas. Read full article

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Sparticus
why is hugo having to arrange billions inloans when Venezuela is so full of oil?
Mar 17th, 2011 - 08:32 pm - Link - Report abuse 0
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briton
perhaps Chinese troops nearby will be just to keep an eye out .
Mar 17th, 2011 - 09:50 pm - Link - Report abuse 0
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