> On top of that comes what is owed to oil companies and suppliers, claims stemming from expropriations under Chávez and the outstanding loans from China and Russia.
It seems like China or Russia would expect to be paid not in dollars, but in Oil Wells and Refineries. Why would they accept restructuring of the debt instead of repo'ing the assets?
It seems like China or Russia would expect to be paid not in dollars, but in Oil Wells and Refineries. Why would they accept restructuring of the debt instead of repo'ing the assets?