China, Latin America and the environment

Venezuela

Caption: Venezuelan state oil company PDVSA recieved a US$5 billion loan tranche from China Development Bank in 2015 to ‘boost production’ in spite of the global price slump (image: Wilfredo Rodríguez)

Chinese loans to Venezuela rise despite “economic perils”

12 Feb - by Robert Soutar 0 Comments

A third of all China’s loans to Latin America went to the struggling petrostate last year

Caption: (image: María Alejandra Mora (SoyMAM)/ Commons).

China still committed to Venezuela despite government’s election thrashing

18 Dec - by Ewald Scharfenberg 0 Comments

Opposition calls for clarification on oil-backed loans but wants continued bilateral cooperation

Caption: An old car painted in the Venezuelan colours drives through the capital of Caracas in 2006. Fossil fuel subsidies total $12 billion a year (image: Ruurno/ Flickr)

Venezuela’s climate contradictions

18 Jun - by Alex Pashley 0 Comments

More oil rather than less for crisis-stricken petro-state as it resists overhaul of fossil fuels

Caption: A crude oil tanker on Lake Maracaibo, Zulia, Venezuela. The majority of Chinese loans to Venezuela will be repaid with oil (image: Wilfredo Rodriguez)

Will Venezuela pull through for China?

29 Apr - by Monica Yanakiew 0 Comments

Despite the crisis, experts remain relaxed about a Venezeulan default on Chinese loans