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View Full Version : China Bankrolling Chavez's Re-Election Bid With Oil Loans - Bloomberg



NewsWhore
09-25-2012, 12:00 PM
China Bankrolling Chavez's Re-Election Bid With Oil Loans (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFND9KyxR5K6fJnn4eqVBQ2LpjPuw&url=http://www.bloomberg.com/news/2012-09-25/china-bankrolling-chavez-s-re-election-bid-with-oil-loans.html)
Bloomberg
Since 2007, the China Development Bank has lent Venezuela $42.5 billion collateralized by revenue from the world's largest oil reserves, according to a Bloomberg compilation of deals announced by the Chavez government. That's around 23 percent of all ...

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