Quito, Nov. 18 — Visiting Chinese President Xi Jinping joined Ecuador’s Rafael Correa on Friday for the inauguration of the Andean nation’s largest hydroelectric dam, largely financed through a loan from China’s Export-Import Bank. A day after proclaiming a “comprehensive strategic association” between their two nations, the presidents pressed buttons on a control panel in Quito to activate the eight turbines of the Coca Codo Sinclair dam, which sits on the border of Napo and Sucumbios provinces. The 1,500 MW complex will supply 30 percent of Ecuador’s electricity needs, Correa said, noting that the Chinese loan covered more than two-thirds of...
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