Venezuela Revamps Development Funds
Posted on 11/08/2012
On August 28, 2012, the China Development Bank (CDB) deposited US$ 4 billion along with the Venezuelan National Development Fund adding US$ 2 billion to restock a China-Venezuela investment fund. China has a strategic energy interest in Latin America. The bilateral investment fund allocates money to infrastructure projects in Venezuela. Since 2007, China has lent […]
