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World / 16 November 2017
China ‘confident Caracas can handle own debts’
Beijing won’t restructure loan payments despite Russia agreeing new relief deal
Morning Star
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Russia's Minister for Foreign Affairs Sergey Lavrov addresses the 80th session of the United Nations General Assembly, September 27, 2025, at U.N. headquarters
Russia-Ukraine / 28 September 2025
Russia says it has no intention of attacking Europe
28 September 2025
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World in brief: September 28, 2025
28 September 2025
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Donate to the 95th anniversary appeal

CHINA will not restructure loans owed by Venezuela, despite Russia agreeing a change on Wednesday.

China’s Foreign Ministry said that it was confident Venezuela “have the ability to appropriately handle their affairs, including the debt issue.”

Venezuela owes China $23 billion (£17.5bn), out of a total of about $140bn, primarily as a result of oil-for-loans deals.

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