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Thursday, October 08, 2015
China Becomes Life-Saving Straw for Certain Latin American Countries
ANBOUND

China has given financial support to both Venezuela and Ecuador to boost oil output and Costa Rica also benefited from China's help.

Anbound’s senior researcher, He Jun is of the view that such model is not sustainable in terms of financial resources and geopolitics.

Should China rely on money to foster international relationship, once the money runs dry, or the financial aids reduce, such relationship will turn cold.

China has already seen similar cases in Africa.

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