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In Venezuela, China’s oil-for-loan deals run into huge US-led debt restructuring

Posted on June 26, 2026
By South China Morning Post
2 Views
1 min read

In Venezuela, China’s oil-for-loan deals run into huge US-led debt restructuring

Beijing’s influence in Caracas seen fading, with Washington controlling Venezuela’s oil revenues and debt overhaul, potentially triggering a stand-off.