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Chavez: China to devote $20B to Venezuela projects
ap ^ | Apr 18, 2010

Posted on 04/18/2010 11:33:52 AM PDT by george76

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.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; News/Current Events
KEYWORDS: caracas; chavez; china; chinese; energy; gas; hugochavez; oil; venezuela

1 posted on 04/18/2010 11:33:53 AM PDT by george76
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To: george76

Knowing the Chinese they demanded oil in return.


2 posted on 04/18/2010 11:36:01 AM PDT by C19fan
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To: C19fan

Same in Africa : the Chinese got gold, diamonds... in return.


3 posted on 04/18/2010 11:47:25 AM PDT by george76 (Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
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To: george76

any cry of China being greedy? getting oil contracts


4 posted on 04/18/2010 11:53:38 AM PDT by 4rcane
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To: george76

Gee, I wonder where China got that kind of money?


5 posted on 04/18/2010 1:15:25 PM PDT by chopperman
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To: 4rcane

The idiots think that they will be in positions of power if the Chinese become a superpower. How little they know the Chinese.


6 posted on 04/18/2010 4:13:52 PM PDT by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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