Sunday April 18, 2010
Chavez: China to provide $20 billion to finance Venezuela's development
CARACAS, Venezuela (AP) -- President Hugo Chavez has announced an agreement with China that would have the Asian economic giant devote $20 billion to financing long-term development projects in Venezuela.
The Venezuelan president says the financing would go toward industrial and infrastructure projects, among other development plans.
He spoke Saturday during a televised appearance attended by China's natural resources minister.
Chavez is providing few other details about the investments.
more on Venezuela ~
Venezuela welcomes Chinese money-for-oil stance, IMF sidelined
Too Close for Comfort ~ Chavez insists that US is using quake to occupy Haiti
Chavez Seeks Improved Relations with US ~ Really?
Venezuela's Chavez announces currency devaluation
Chávez, China cooperate on oil, but for different reasons ~
Chavez: China to provide $20 billion to finance Venezuela's development
CARACAS, Venezuela (AP) -- President Hugo Chavez has announced an agreement with China that would have the Asian economic giant devote $20 billion to financing long-term development projects in Venezuela.
The Venezuelan president says the financing would go toward industrial and infrastructure projects, among other development plans.
He spoke Saturday during a televised appearance attended by China's natural resources minister.
Chavez is providing few other details about the investments.
more on Venezuela ~
Venezuela welcomes Chinese money-for-oil stance, IMF sidelined
Too Close for Comfort ~ Chavez insists that US is using quake to occupy Haiti
Chavez Seeks Improved Relations with US ~ Really?
Venezuela's Chavez announces currency devaluation
Chávez, China cooperate on oil, but for different reasons ~
