China Offers Venezuela $5 Billion Loan To Support 'Ideological Ally' Maduro | WHAT REALLY HAPPENED


China Offers Venezuela $5 Billion Loan To Support 'Ideological Ally' Maduro

For a brief period earlier this year, it appeared that Beijing had finally had enough of supporting its "ideological allies" in Caracas when it decided to limit its "exposure" to Venezuela after the country struggled to make interest payments on a $19 billion loan. But in the wake of reports that the US nearly supported a military uprising against the socialist government of Venezuelan President Nicolas Maduro, the Chinese Communist Party has apparently changed its mind. Instead of tightening the leash, Beijing has offered a $5 billion loan to the struggling socialist "republic" as Maduro prepares to travel to Beijing to grovel before the Party bosses, according to a Bloomberg report.

Webmaster's Commentary: 

China is trying to counter the US economic war against Venezuela.

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