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Ecuador Signs $1bn China Loan

Sep 1, 2010

Ecuador's government has signed a $1bn loan with the China Development Bank, its finance ministry says, emphasizing that there is no oil collateral involved. A $200m tranche is earmarked...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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