Posted on 09/13/2018 1:38:29 PM PDT by detective
Venezuelas socialist president Nicolás Maduro is traveling to Beijing this week in hopes to secure more funding to keep his country afloat. Maduro will spend several days in China and will meet with Chinese President Xi Jinping. According to Reuters, President Xi initiated the meeting.
I am going with great expectations and we will see each other again in a few days with big achievements, Maduro said on Wednesday during a government-broadcasted speech, Reuters reports.
Chinas Foreign Ministry confirmed the visit during a press conference held by ministry spokesman Geng Shuang.
Recently, the Venezuelan president has actively pushed forward economic reforms, and there has been a positive reaction to these from society, said Shuang during the conference. I think that a Venezuela that is steadily developing is in everyones interests. China has faith that the Venezuelan people and government will be able to handle its domestic affairs with the legal framework.
(Excerpt) Read more at dailycaller.com ...
Reuters reports that China is prepared to offer Maduro a $5 billion loan, but is waiting until the socialist leader announces a series of economic measures, including a steep devaluation and more flexible currency controls.
A coup while Maduro’s away.
The borrower is slave to the lender...........Proverbs 22:7
I hope his plane crashes...
China isn’t liable to throw good money after bad, public statements aside. Not even sure that Venezuela could repay with more oil, given that the country’s oil infrastructure is also crumbling.
Then again, that might just be where Chinese investment goes this time...
Surely he's skimmed enough by now to slink off to a villa in Switzerland to enjoy retirement.
He’s going to sell his country to the RED CHINESE and pocket the cash.
When does Venezuela start liquidating assets?
But I’d feel bad for the crew.
“China has already provided Venezuela with around $50 billion in financing over the last decade, according to Voice of America. The OPEC country repaid its debt to China with oil,”
Russia owns 49% of Citgo, and a judge recently ruled that their creditors can sue to seize their assets in the US. Will we see China suing a Venezuelan/Russian company in an American court? Interesting times.
Every penny China puts in their under the Maduro regime is going to be lost when the Chavistas eventually are thrown out.
Maduro is looking for protection and is at risk of an internal coup.
No brainer!! China will own this commie thug dictator and then it will totally occupy his country.
China will be glad to offer loans. China is bankrupting much of Africa with its lending largesse and will be happy to foreclose on Venezuela’s oil industry when Venezuela defaults.
Maduro will manage to sell all rights to Venezuelan oil for a few eggrolls and some fried rice.
The ChiComs will require him to mortgage the entire oil industry and will foreclose (quietly) when he defaults.
[Every penny China puts in their under the Maduro regime is going to be lost when the Chavistas eventually are thrown out.]
[The ChiComs will require him to mortgage the entire oil industry and will foreclose (quietly) when he defaults.]
Every penny China puts in their under the Maduro regime is going to be lost when the Chavistas eventually are thrown out.
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The new regime will maintain good relationship with China. Venezuela needs China, the largest oil consumer, regardless the ideology affiliation of the government.
Navy not required. All perfectly legal. Ownership would transfer to a Chinese corporation. No muss no fuss.
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