ecuador-obtain-7-53-billion-in-credit-loans-from-chinaEcuador has obtained a total of $7.53 billion in credit lines and loans from China, its Finance Ministry said on Wednesday, funding the Andean country’s president sought during an official visit this week to cope with the plunge in prices of crude oil, its top export. China’s development bank will lend Ecuador $1.5 billion for investment while the Bank of China will lend it $480 million, the ministry said. Those totals followed a $5.3 billion credit line announced on Tuesday from China’s state-run Eximbank. More