Tag: China - Latin America Finance Database

• Monday, April 20th 2015 - 23:59 UTC

  China makes effective 5bn dollars loan to Venezuela for 'development plans'

  

  China has awarded Venezuela 5 billion dollars for unspecified “development plans,” President Nicolas Maduro said on Sunday, approximately three months after an official visit to China. According to published reports, the loan is part of a 10 billion deal to be completed in the following months.