Venezuela's President Nicolas Maduro walks with his wife Cilia Flores upon their arrival at the airport in Beijing, China September 13, 2018. Miraflores Palace/Handout via REUTERS
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Venezuelan President Nicolas Maduro hailed China as a "big sister" as he prepared to meet with Chinese leader Xi Jinping Friday, hoping to broker economic deals for his crisis-hit country.Maduro declared after landing in Beijing overnight that he came with "great expectations" to further deepen strategic ties with Venezuela's key creditor.China has loaned some $50 billion to OPEC member Venezuela in the past decade, with Caracas repaying debt with oil shipments.Maduro may return home with a new $5 billion loan and a six-month extension to the grace period to service its debt, according to Venezuelan consultancy Ecoanalitica.
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