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Venezuela receives $5 billion credit line from China
Posted By Adan On September 22, 2013 @ 11:58 am In Economic Crisis | Comments Disabled
Sept. 22, 2013
Visiting Venezuelan President Nicolas Maduro met his Chinese counterpart Xi Jinping on Sunday, and said Beijing has granted his country a $5 billion credit line.
Maduro, vowing to strengthen the partnership established by his late predecessor Hugo Chavez, used his Twitter account to announce what he called “excellent news” for his country.
“We reached an agreement (with the state-owned China Development Bank) on a $5 billion line of credit for development,” he wrote.
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