Paul Dobson — Venezuela’s Maduro Secures $5bn Chinese Loan & Joins Beijing’s New Silk Road Initiative

Summary:
Venezuelan President Nicolas Maduro returned to Caracas Monday upon concluding a four-day visit to the People’s Republic of China, which saw the two countries sign twenty-eight bilateral agreements, including a new US billion Chinese loan and joint plans for a fourth satellite, in addition to strengthening political ties.... “I have had to overcome economic sanction measures by the US and Europe, who persecute Venezuelan bank accounts, kidnap billions of dollars in international accounts and block commerce,” Maduro told Chinese state TV.... VenezuelanalysisVenezuela’s Maduro Secures bn Chinese Loan & Joins Beijing’s New Silk Road Initiative Paul Dobson

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Mike Norman considers the following as important: BRI, China, New Road, Nicolas Maduro, Venezuela, Xi Jinping

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