China Urges Banks to Disclose Venezuela Exposure Post-US Raid

1 min read
Source: Bloomberg.com
China Urges Banks to Disclose Venezuela Exposure Post-US Raid
Photo: Bloomberg.com
TL;DR

China's financial regulator has instructed major banks to report their exposure to Venezuela amid increased US sanctions and political upheaval, highlighting concerns over potential risks to China's loans and investments in Venezuela, which amount to billions mainly in energy and infrastructure projects.

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