Correa has debts to pay. Ecuador is unable to access finance on international markets. Instead it has sold more oil and borrowed more from China – both of which add to the impetus to exploit fossil fuels in the Amazon.
Because the stupid tosser decided not to pay off debts that the country could well afford and so defaulted on their bonds.
At which point no one will lend him any money. Thus, borrow from the Chinese against future oil revenues. Which does mean of course, that you\’ve got to drill for the oil.
Entirely his own fault.