With limited access to global capital markets, Chávez turned to China for loans, backed by sales contracts for oil. Loans from the China Development Bank carry higher interest rates than the West’s traditional lending mechanisms, but they also come with fewer restrictions on policy, and allowed Venezuela to escape the worst of the bondholders’ wrath – at least so far.
由于无法接触全球资本市场，查韦斯不得不向依靠石油销售合同中国请求贷款。中国国家开发银行的贷款利率比西方传统借贷机制更高，但政策限制更少，也使委内瑞拉避免了债权人的暴怒——至少到目前是如此。