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Ecuador President Lenin Moreno gets $1B from China during visit – United Press International

Date: Dec 13, 2018

Ecuadorean President Lenin Moreno said Wednesday China has given $1 billion in loans and aid to help the South American nation with a variety of matters. Moreno said Ecuador received the money in three disbursements — including $900 million in loans, $30 million in aid and $69.3 million for reconstruction work after a recent earthquake. Moreno made the announcement Wednesday on the second of a three-day visit to Beijing, during which he met with Chinese President Xi Jinping. Read more>>