Venezuela receives $5 billion financing package from China

Posted on April 22, 2015 • Filed under: China, Economy, Venezuela

bbc.com reported Venezuela has received $5bn (£3.4bn) in financing from China, Venezuelan President Nicolas Maduro says. The money was for “development”, he said on Sunday, but gave no details. The announcement comes three months after Mr Maduro travelled to China – a major investor in the region. Read Article

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