beijing china foreign ministry reiterate thursday believe venezuela ability handle debt issue oil-rich country start make interest payments bond follow delay threaten trigger default venezuela borrow billions dollars russia china primarily oil-for-loan deal crimp country hard currency revenue require oil shipments use service loan wednesday venezuela easy debt term russia well vote confidence china two countries could provide lifeline caracas seek keep deeply depress economy solvent ask whether china concern debt would repay chinese foreign ministry spokesman geng shuang tell regular news brief china-venezuela financial cooperation proceed normal believe venezuela government people ability properly handle debt issue geng say venezuelan bond price roller-coaster past 10 days president nicolas maduro call investors debt restructure talk pledge keep honor country obligations global rat declare selective default two sovereign bond early week fail make coupons within 30-day grace period wednesday country economy ministry say start transfer 200 million interest payments bond mature 2019 2024. china confident venezuela handle debt issue