March 8, 2013
How China Propped Up Hugo Chavez
Sanderson & Forsythe, Foreign Policy
Hugo Chávez, resplendent in crisply pressed fatigues and paratrooper boots with red shoelaces, had a very special guest. Meeting him that day in mid-September 2011 in Caracas was the world's most powerful banker, who had lent Chávez's government at least $40 billion over the four years from 2008 to 2012, or about $1,400 for every man, woman, and child in Venezuela.
TAGGED: Hugo Chavez, bank, China, Venezuela