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The Ecuador Lawsuit.

Bloomberg – China Fuels Latin America’s Biggest Debt Rally by Financing Ecuador Budget

Date: Jun 24, 2011

China is now providing loans to Ecuador after the country defaulted on billions in foreign debt in 2009:

Ecuador’s bonds are rewarding investors with the best performance in Latin America as Chinese loans and higher oil prices boost confidence in the economy two years after the country defaulted on $3.2 billion in debt.

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