Venezuela's President Nicolas Maduro (front R) walks with China's President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing, January 7, 2015. Andy Wong/REUTERS
Jim Wyss, McClatchy, CSM -- As oil prices fall, Latin America and China get cozier
WNU Editor: I suspect that there will be many "strings" on this money.
More News On China Pledging To Invest $250 Billion In Latin America
China's Xi woos Latin America with $250 bln investments -- Reuters
China to boost investment in Latin America to $250bn within decade -- RT
China Plans to Invest Extra $250Mln in Latin America Over Coming Decade -- Sputnik
China hails growing ties with Latin American bloc -- Al Jazeera
China Woos Latin America with Promises of Investments -- VOA
China agrees to financing for Ecuador, Venezuela -- UPI
China agrees to invest $20bn in Venezuela to help offset effects of oil price slump -- The Guardian
Ecuador to receive US$7.5bn from China banks -- BNAmericas
Crude Collapse Seen Boosting China’s South American Clout -- Juan Pablo Spinetto and Anatoly Kurmanaev, Bloomberg
China Wants to Buy Out Latin America -- Valentin Schmid, Epoch Times
3 comments:
That's a massive investment...
But the eye-opening thing about this sum of money D. Plowman .... is that this amount is only about 5% of China's total foreign currency reserves.
I believe Senor Maduro and Venezuela are going to learn about the phrase "No tickee, no washee!
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