Signs China may throw lifeline to Venezuela
Venezuela's economy has sunk into recession in recent weeks due to the oil rout
Add BT as a preferred sourceBeijing
CHINA and Venezuela will step up co-operation this year, Presidents Xi Jinping and Nicolas Maduro said in Beijing on Wednesday as falling oil prices threaten the Latin American nation's economy.
Mr Maduro was widely expected to ask for a new cash injection to shore up oil-rich Venezuela's finances during his visit as elections loom and a faltering economy could hurt his left-wing party's chances.
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