Source: China – South China Morning PostThe US takeover of Venezuela has placed billions of dollars in Chinese oil-for-loan debts at risk, analysts say, though they expect Venezuelan crude to continue flowing to China as the new government seeks immediate revenue.
The abduction of former Venezuelan leader Nicolas Maduro by US forces has left Beijing’s outstanding exposure in the South American nation – estimated at about US$10 billion, according to the research lab AidData – in a state of limbo.
An optimistic scenario would involve a…Read More