Finance and business committee from China to visit Venezuela in January

A Chinese committee including representatives of banks and companies will visit Venezuela on January 10 to review cooperation projects and inject more resources to a millionaire common development fund. “On January 10 another Chinese mission will come to Venezuela for more projects,” said Venezuelan President Hugo Chávez. The visit will focus on the areas of housing, development and financing, AFP reported. Chávez said he spoke by telephone with the president of China Development Bank, Chen Yuan, and also with Hong Bo, a representative of construction company Citic, with which agreements will be reached next year. Both are members of the committee scheduled to arrive in Caracas early in 2012. Read Article