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Ecuador Political News

Dow Jones – Ecuador Obtains $1.3B From China Development Bank Loan

China is now the largest source of credit for the country where the Chevron Ecuador trial has taken place:

Ecuador last week received the first tranche, worth $1.3 billion, from a $2 billion loan deal signed in June in Beijing with the China Development Bank Corp., a high-level government official told Dow Jones Newswires on Monday.

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