China, Venezuela secure $5 billion in financial deals
By Wu Jiao in Caracas and Zhang Yunbi in Beijing | China Daily | Updated: 2014-07-23 07:34

Agreements include credit line, loan to assist gold and copper exploration
Beijing and Caracas signed more than $5 billion in financial agreements on Monday to support the South American country's economic development as President Xi Jinping concluded his first visit to the country.
The agreements include $4 billion in credit to Venezuela and a $690 million development loan for exploration for gold and copper.
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