Venezuelan minister Simon Zerpa said China Development Bank will provide financing to increase PDVSA production. Photo: Reuters

China ‘to invest US$250 million’ to boost Venezuela’s oil sector

After meeting officials in Beijing, Finance Minister Simon Zerpa says the two countries will sign three or four more financing deals in coming weeks

Topic |   Venezuela

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Venezuelan minister Simon Zerpa said China Development Bank will provide financing to increase PDVSA production. Photo: Reuters
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