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about 2000 Chinese firms investing in 49 African countries. He resides in South Carolina with his wife and kids.
There is still no ambassador to Cuba, the Bahamas or Jamaica.Besides the Freeport Container site, China has invested billions building up the Bahamas’ tourism sector.

China has …
February marked the seventh round of such consultations and produced a joint communiqué outlining areas of planned expanded cooperation through the Belt and Road Initiative, more cultural exchanges, and improving the Caribbean’s hurricane preparations.But China’s financial ties to the site, which go back two decades, are receiving new scrutiny from U.S. analysts, particularly given what happened to Sri Lanka in 2017. Still, there’s a worry among some Caribbean politicians and U.S. analysts that China is getting preferential access. He is ranked as the #1 analyst on Seeking Alpha and he is the author of two books. Foggy Bottom called the strategy “Caribbean 2020,” which lays out goals for increased diplomatic and security initiatives and more economic development assistance. After the 2008 global financial crisis, as Western governments like the United States and the United Kingdom adopted austerity measures and cut back development aid, China took the opposite course, searching out new areas for investment.Even as China’s presence in the Caribbean has accelerated, regional analysts agree the influence game is still the United States’ to lose — but only if it gets in the game.At a February House Appropriations subcommittee hearing, the head of the U.S. Agency for International Development acknowledged the U.S. government should do more to help developing countries understand what they are getting when they sign up for Chinese loans.ICYMI: Rubio Leads Chorus of Lawmakers Critical of Trump’s Trade Talks With China“Pay attention to the conditions in how these investments are made and how these contracts are dealt with and how these transportation and infrastructure projects are financed,” Gaytan advises.For example, a Chinese company spent $700 million building a badly needed highway connecting Jamaica’s north and south coasts.

Particularly when there’s another country cashing in on this sandy plot of real estate.“My government’s objective has been not only to secure a qualified buyer to upgrade and operate the Hilton Hotel, but one with the means to proceed forthwith to develop the vacant property to its fullest potential for the greatest economic benefit to both the investors and the local economy.”The Bahamas are filled with stunning beaches, awe-inspiring natural caves, pirate coves, interactive dolphin events and whale-watching tours… not to mention the many snorkeling opportunities around shallow shipwrecks, moderate-depth variety sights, and deeper waters still.Bahamian Flag with Palm Trees and blue sky, located in Nassau Bahamas. Chinese investment in 2019, though, barely exceeded $3 billion.

And in a worst case scenario of confrontation with the United States, there is also fear of China taking possession of the regional infrastructure it has financed to pose a threat in America’s own backyard.“The region’s 26 small-island economies merit eligible status based on demonstrated need and the importance of the region as a whole to U.S. economic and regional security interests,” they wrote.But entreaties for Caribbean countries to rethink predatory Chinese direct investment and developmental loans will only go so far if the United States has nothing to offer instead, says Myers, of the Inter-American Dialogue.While Chinese banks and companies have invested billions in the Bahamas in the last 20 years, over a shorter-span of time Beijing has greatly ratcheted up its engagement with Jamaica “a lot more than we see in other places,” says Myers.“They discussed the importance of supporting a peaceful democratic transition in Venezuela, disaster resilience, opportunities for investment, and ongoing security cooperation,” said a White House spokesman, Hogan Gidley, after the meeting concluded, adding that a high-level delegation would be sent to the region in the next three months.“It really isn’t about the market or the materials if you look at the amount that they are investing,” he says.The Caribbean — sometimes described by experts as “too democratic and not poor enough” to merit sustained U.S. government attention — has been an afterthought for consecutive U.S. administrations, which have focused their attentions variously on security crises in the Middle East, East Asia and Europe.And the Chinese Education Ministry is rapidly expanding its Caribbean network of Confucius Institutes, which provide Mandarin language instruction and cultural programming, which many view as channels for propaganda.

And as already established, China gets the big picture, now owning some of the largest trophies in the Bahamas.When it comes to Bahamian luxury vacations, Baha Mar is most definitely the one to beat.