China is willing to provide Venezuela with what help it can, Premier Li Keqiang told Venezuela’s President today.
Maduro is in China to discuss economic agreements. Li told Maduro that China supports Venezuela’s efforts to develop its economy and improve people’s livelihoods, and it’s willing to provide what help it could.
China hopes Venezuela could provide more “policy support and legal guarantees”, Li said. In a different meeting with Chinese President Xi Jinping, Maduro thanked China for its “long-term understanding and support”, Chinese media said.
Xi told Maduro the two countries should promote mutually beneficial cooperation and they should consolidate political mutual trust. Over a decade, China ploughed more than $50 billion into Venezuela through oil-for-loan agreements that helped China secure energy supplies for its fast-growing economy.
Three years ago, Venezuela asked for a change of payment terms amid falling oil prices and declining crude output that pushed its state-led economy into a hyperinflationary collapse, and, since then, the flow of cash halted.
< 1 min
Table of contents
MOST TRADED ASSETS
- Binary Options
- Digital Options
- Forex
- Stocks
- Indices
- Commodities
- ETFs
-
EUR/USD
1.04
Trade-0.64% -
USD/JPY
154.85
Trade+0.46% -
AUD/USD
0.65
Trade-0.33% -
GBP/JPY
193.71
Trade-0.07% -
GBP/USD
1.25
Trade-0.52%
-
Shopify Inc.
106.01
Trade-1.18% -
Tesla, Inc.
353
Trade+4.21% -
NVIDIA Corporation
142.1
Trade-2.21% -
Amazon.com, Inc.
197.46
Trade-0.32% -
ThyssenKrupp AG
3.8
Trade-2.73%
-
Gold
2701.49
Trade+1.38% -
Crude Oil WTI
70.66
Trade+0.87% -
Crude Oil Brent
74.31
Trade+0.63% -
Silver
31.11
Trade+1.47% -
Natural Gas
3.25
Trade-7.85%
-
US 100
20674.95
Trade+0.13% -
GER 30
19289.05
Trade+0.57% -
US 500
5957.1
Trade+0.23% -
US 30
44080.5
Trade+0.53% -
JP 225
38427.5
Trade+0.67%
-
Valkyrie Bitcoin Fund (BRRR)
27.93
Trade+0.95% -
Daily Junior Gold Miners Index
44.65
Trade-0.71% -
20+ Year Treasury Bond ETF
90.53
Trade+0.04% -
S&P 500 ETF
594.09
Trade+0.13% -
Bitwise Bitcoin ETF (BITB)
53.73
Trade+0.92%
Your capital might be at risk
Related posts
Navigating the Markets: ETFs vs. Stocks
How to Analyse Stocks for Trading
Trading Method for a Falling Market: Short Selling Stocks
The Electric Car Race: 3 Auto Stocks for 2024
What Is Swing Trading and How It May Be Applied?
Top AI Stocks to Watch
Economic Factors for Stocks: What Should You Be Paying Attention To?
ETF — the Most Diversified Trading Instrument
What should you learn next? Turn the wheel to find out!
