China says Venezuela can appropriately handle debt

BEIJING (Reuters) – China’s Foreign Ministry said on Wednesday that it believes the Venezuela government and people can appropriately handle their own affairs including the country’s debt.

Ministry spokesman Geng Shuang made the comments at a daily news briefing in Beijing.

Venezuela’s cash-strapped government on Tuesday vowed it was making debt payments responsibly, even as two ratings agencies declared partial default on a crippling debt load that has fueled hunger and disease.

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