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The Nexus
BUSINESSJun 26 · 13:00 UTCSCMP CHINAJi Siqi

In Venezuela, China’s oil-for-loan deals run into debt restructuring, US ‘gatekeeper’ risk

The United States is a major obstacle to China-Venezuela oil-for-loan agreements, complicating a historic $240 billion debt restructuring. Venezuela plans to disclose this debt pile following Washington’s January abduction of then President Nicolas Maduro.

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