Venezuela Doubles Down on Chinese Money to Reverse Crisis

Venezuelan President Nicolas Maduro said Tuesday that new investments from China will help his country dramatically boost its oil production, doubling down on financing from the Asian nation to turn around its crashing economy.   Already a major economic partner, China has agreed to invest $5 billion more in Venezuela, Maduro said following a recent trip to Beijing, adding that the money would help it nearly double its oil production.   "We are taking the first steps into...

© La Voix de l'Amérique - mardi 18 septembre 2018