MARKETS - HEARD ON THE STREET
How Venezuela Became China’s Money Pit
Beijing is reportedly throwing good money after bad to the Latin American producer, but it has its reasons
By Spencer Jakab
July 15, 2018 10:00 a.m. ET
The world oil market is notoriously quick to react to headlines, but a seemingly significant one last week from the owner of the world’s largest reserves didn’t cause so much as a blip.
According to reports, all from Venezuelan authorities, the China Development Bank earlier this month pledged either $250 million or $5 billion “in favor of the increasing and strengthening of the country’s oil production.”
That...
READ MORE: https://www.wsj.com/articles/how-venezuela-became-chinas-money-pit-1531663200
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Chân thành cám ơn Quý Anh Chị ghé thăm "conbenho Nguyễn Hoài Trang Blog"
Xin được lắng nghe ý kiến chia sẻ của Quý Anh Chị trực tiếp tại Diễn Đàn Paltalk: 1Latdo Tapdoan Vietgian CSVN Phanquoc Bannuoc .
Kính chúc Sức Khỏe Quý Anh Chị .
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