[UPDATE, 2014/12/05: No, Venezuela has not ceded territory to China to pay off debts]
Caracas has borrowed over USD50 billion from China in recent years, and Venezuelan finance minister Rodolfo Marco has come up with a novel way to repay their debt in kind during his visit to Beijing: he's just given China a Venezuelan island.
Say "hola" to China's first overseas possession in the Caribbean Sea, Isla La Blanquilla:
[Images via Sina]
See the wonders of the world in an afternoon in Anhui.
We doubt we'll be trekking the Zhejiang-Liberia path anytime too soon, but it could be done.
We caught up with Yao Ming to discuss the growth of the game in China and its future in the country.
How China got its stars - and almost its stripes.
MFA now denies claims in China's own state media.
See the wonders of the world in an afternoon in Anhui.
We doubt we'll be trekking the Zhejiang-Liberia path anytime too soon, but it could be done.
We caught up with Yao Ming to discuss the growth of the game in China and its future in the country.
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