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21. April 2010

China Offers Largest Credit to Venezuela

Merida, April 18th 2010 (Venezuelanalysis.com) – Yesterday government representatives from Venezuela and China signed seven agreements in Caracas, six energy based ones and one around petroleum. China also offered US$20 billion in financing, the largest offer it has made in the last fifty years.

Chinese president Hu Jintao’s planned visit to Venezuela was cancelled due to the recent tragic earthquake in China, but Jintao and Venezuelan President Hugo Chavez talked by telephone and Chavez also met for two hours with a delegation from China. leer qui

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