Oil Lending To Venezuela Goes Awry For China


Oil Lending To Venezuela Goes Awry For China
BY PRUDENCE HO
The Wall Street Journal Europe
Jun 19 2015

HONG KONG—As Venezuela’s economy totters thanks to low oil prices and years of mismanagement, a Chinese government-owned bank is badly on the hook. China Development Bank has lent nearly $37 billion to Venezuela since 2008, helping to prop up the…read more…

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