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China/Venezuela cooperation agreements involving 20bn dollars including 5bn credit

Monday, September 23rd 2013 - 16:41 UTC
Full article 10 comments

Venezuelan President Nicolas Maduro and his Chinese counterpart, Xi Jinping, said they were committed to consolidating the strategic alliance between their two countries during a meeting in Beijing at which they signed a dozen cooperation and investment agreements worth 20 billion dollars. Read full article

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  • ChrisR

    I wonder if the Bus Driver took a roll of toilet paper with him.

    The Chin could supply the technology to “work” it out for him: a set of bamboo chopsticks.

    Sep 23rd, 2013 - 05:49 pm - Link - Report abuse 0
  • Brasileiro

    Okay, ChrisR. The problem is from Chevron. They should have brought the chopsticks before.

    Sep 23rd, 2013 - 05:59 pm - Link - Report abuse 0
  • Conqueror

    Interesting. Argieland has a “credit line” with China. Now Venezuela has a “credit line” as well. The usual reason for a “credit line” is that the “recipient” can't borrow what it wants and the “provider” is hoping to acquire assets. Argieland, of course, is months, if not weeks, from collapse. But I thought Venezuela was “oil-rich”. Not rich enough apparently. Not a lot of chance of Venezuela bailing argieland out again, is there? Perhaps Venezuela will sell the bonds it bought from argieland. Although it's doubtful if anyone would want them. Who's going down first? Who cares? But it's fun to watch.

    Sep 23rd, 2013 - 06:17 pm - Link - Report abuse 0
  • Brasileiro

    Remember. Brazil is with them, if need, we buy their bonds with cheap dollars we have. Venezuela is more important than cheap money!

    Sep 23rd, 2013 - 06:22 pm - Link - Report abuse 0
  • ChrisR

    4 Brasileiro

    Don't be silly, Brazil is in no position to waste “cheap” dollars, if there is such a thing, on a bunch of retards like the Bus Driver, et al.

    Brazil needs all the money it has if you are ever going to upgrade your infrastructure to something that works and is worth having.

    Sep 23rd, 2013 - 06:48 pm - Link - Report abuse 0
  • Captain Poppy

    #4 you are living in fantasy land.

    Sep 23rd, 2013 - 06:54 pm - Link - Report abuse 0
  • Brasileiro

    @ 5 ChrisR

    Venezuela is paradise. Who cares dollars?

    Sep 23rd, 2013 - 07:07 pm - Link - Report abuse 0
  • yankeeboy

    7. My gosh, did you forget to take your meds today or are they having open computer day at the asylum?

    Sep 23rd, 2013 - 07:32 pm - Link - Report abuse 0
  • Anglotino

    Venezuela is sticking its finger up at one 'empire' to the north.....

    ...while bending over and taking it from a different 'empire' in the east.

    Sep 23rd, 2013 - 08:33 pm - Link - Report abuse 0
  • Beresford

    9. And a real bootstrap capitalist empire too!! Ouch, that is going to hurt. Will Rgland and Venezuela have enough vasseline or butter for everyone?

    Sep 24th, 2013 - 02:45 am - Link - Report abuse 0

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