Chris Kraul

10/12/2018
Economía Los Angeles Times - Estados Unidos Economía Internacional Chris Kraul

Ecuador faces a huge budget deficit because of loans it received from China

Rafael Correa wanted to fast-track development projects when he was president of Ecuador, so he borrowed billions of dollars from China. But the loans have come back to haunt his successor, Lenin Moreno, who will go hat in hand to China this month to seek more flexible terms and breathing space.
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