CNN: China is cutting off cash to Venezuela
Venezuela can't pluck leaves off China's money tree anymore.
After pouring billions into Venezuela over the last decade, China is cutting off new loans to the Latin American nation. It's a major reversal of relations between the two nations, experts say. It also comes at the worst time for Venezuela, which is spiraling into an economic and humanitarian crisis.
"China is not especially interested in loaning more money to Venezuela," says Margaret Myers, a director at Inter-American Dialogue, a Washington research group that tracks loans between China and Latin America.
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More News On Venezuela's Economic Crisis
Mexico, 5 South American Countries Question Venezuela Rules -- AP
Venezuela's media clamp down -- Al Jazeera
Hungry Venezuelans stop a livestock truck and steal crates of chickens after country's food shortage spirals out of control -- Daily Mail
Half of Venezuela’s Children Not Getting 3 Meals a Day -- US News and World Report
Chavez loyalists control food distribution in time of shortages in Venezuela -- FOX News/EFE
Inside Venezuela’s Crumbling Mental Hospitals -- NYT
At a Loss for Meds, Venezuela’s Mentally Ill Spiral Downward -- NYT
Concern as Venezuela Refuses to Accept Aid -- NYT
Venezuela crisis: I flew to U.S. to buy toilet paper -- CNN
Venezuela’s abandoned dogs: with runaway inflation, people can no longer afford their pets -- The Independent
Venezuela: The angry 80% -- The Economist
Can Venezuela move beyond crisis? -- Jason Thomson, CSM