For years, China has provided Venezuela with credit lines under 'oil-for-loan' arrangements. Bloomberg News reported on Monday, citing informed sources, that China's main financial regulator has asked its monetary policy-related banks and other major banks to report on their credit exposure to Venezuela, following the US arrest of Venezuelan President Maduro. The report also stated that the National Administration of Financial Regulation of China also advised banks to strengthen risk monitoring for all loans and credits related to Venezuela, in an effort to assess the potential risks that lenders in China may face. Bloomberg's report said that...
