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xchrom

(108,903 posts)
Sun Apr 8, 2012, 10:01 AM Apr 2012

US alert as China's cash buys inroads in Caribbean

http://www.msnbc.msn.com/id/46986670/ns/world_news-the_new_york_times/

NASSAU, the Bahamas — A brand new $35 million stadium opened here in the Bahamas a few weeks ago, a gift from the Chinese government.

The tiny island nation of Dominica has received a grammar school, a renovated hospital and a sports stadium, also courtesy of the Chinese. Antigua and Barbuda got a power plant and a cricket stadium, and a new school is on its way. The prime minister of Trinidad and Tobago can thank Chinese contractors for the craftsmanship in her official residence.

China’s economic might has rolled up to America’s doorstep in the Caribbean, with a flurry of loans from state banks, investments by companies and outright gifts from the government in the form of new stadiums, roads, official buildings, ports and resorts in a region where the United States has long been a prime benefactor.

The Chinese have flexed their economic prowess in nearly every corner of the world. But planting a flag so close to the United States has generated intense vetting — and some raised eyebrows — among diplomats, economists and investors.
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HipChick

(25,485 posts)
3. This isn't new news..this has been going on for over a decade there
Sun Apr 8, 2012, 10:58 AM
Apr 2012

The Chinese built a new sports stadium in St. Lucia, and a Hospital...lots of talk about corruption, influence on local levels

http://www.chinapost.com.tw/taiwan/foreign-affairs/2011/09/12/316353/Diplomat-at.htm

malaise

(268,885 posts)
4. It's quite simple - the Washington consensus
Sun Apr 8, 2012, 11:01 AM
Apr 2012

has destroyed our economies; US corporations aided by several presidents and the pro-US WTO destroyed our banana industries - why should we refuse assistance from the Chinese.
The Chinese are bombing any of our our overthrowing governments.

onethatcares

(16,165 posts)
5. Wow, that is gonna do wonders for Antigua
Sun Apr 8, 2012, 11:46 AM
Apr 2012

aside from the very rich and the resorts that nation is close to Haiti status.

did you know Eric Clapton has a home there, or maybe just a house. It's one big mofo to be sure.

RKP5637

(67,102 posts)
7. Exactly! The US mode of winning friends is to beat them into submission and/or
Sun Apr 8, 2012, 01:28 PM
Apr 2012

kill them off. So backward ... Just thinking back over the past few decades, the US always seems to be the aggressor in the world. Now, we've seemingly taken the notion that we are the rulers of Earth IMO.

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