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Home>Venezuela Says China to Give $5 Billion Oil Loan

Venezuela Says China to Give $5 Billion Oil Loan

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Wed, 2 Sep 2015

CARACAS, Venezuela—Venezuelan President Nicolá s Maduro said China has agreed to provide a $5 billion loan to boost oil production and support government programs. Mr. Maduro said Tuesday that Venezuela had received the sum from China, to be paid back in oil shipments. China is Venezuela's largest
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