What Does The High China Investments In The Caribbean Mean?

Published 2023-02-04
What do you think of the China-Caribbean relationship and the huge investments China is making in the Caribbean which will lead to huge China's influence in the region?

As the world’s second-largest economy by nominal GDP, totaling around USD18.32 trillion the past year, and the world’s largest economy since 2016 when measured by PPP – Purchasing Power Parity – China is a country that witnessed very rapid economic growth in the past decades. The two main factors explaining such are its rapid productivity growth and large-scale capital investment, financed by substantial domestic savings and foreign investments, too.

In 2022, China accounted for 18.6% of the global economy in terms of PPP. According to IMF – the International Monetary Fund – China is already the world’s largest economy, over 20% larger than the United States economy which used to be considered the top one globally.
Nowadays, China has foreign investments basically in every continent. Its economic superpower is unparalleled and constantly growing.

In the past years, especially in the 2005-2022 period, China has invested billions of USD in the Caribbean. This happened while signing tax and trade deals in several Caribbean countries. Is this to seize the region out of the West’s sphere of influence and bring it under the sway of Beijing?

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All Comments (21)
  • @graywilliams_77.
    Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market.
  • This is point of view refreshing to say the least. We have been subjected to political incompetence by those who's only goal is to fester their own nests for quite some time now.
  • @sychan3513
    It is a shame that these countries, sitting next to the richest country of the world are left to destitute for years till today, let alone the US sanction to Cuba for half a century.
  • Over all, I lived amount the Chinese people growing up in Guyana. They are good people.
  • @eliso5973
    I hope China can help Cuba because US has punished Cuba for so many years.
  • Developing nations need infrastructure and investments to progress. The soft loans from China is devoid of political and sovereign conditions unlike the IMF and World Bank. In the aftermath of covid 19 with the western world's economy taking a dive and even a recession on the horizon, Caribbean nations especially need the boost to their economies. The BRI system is a win win situation for all nations involved in the long run as China sees fit to invest their surplus dollars in the BRI member countries infrastructure as opposed to buying US treasuries and bonds which they have done after the 08 financial crash keeping the US and EU economy ticking over. Infrastructure is an essential part of a developing nation, it creates growth and efficiency in the market place. The workers from China has the expertize and experience to ensure that the project is finished on a timely basis and to ensure that the project has been built to international standards. In addition, by managing the projects exclusively they are ensuring that no opportunity of corruption from third parties can materialize. Institutional corruption is a cancer for development and growth for any nation. Local politicians should take an example of china's growth and progress with a single minded approach to the task of a developing and progressive nation.
  • @kitebarbie
    Great info! Thank you for your content…always good stuff.
  • It is great that China is willing to invest in the Caribbean but we must read the fine print very carefully. Who can we trust......
  • One thing; the overview you put for Antigua & Barbuda is not of the island, that’s of Antigua,Guatemala. But aside from that, it’s a mixed emotion. You do get that level of suspicion of the “why are they so willing to invest” especially when thinking of how many commonwealth islands are still slow in development. But then you can’t ignore the benefits the development would bring
  • We need investment... we have been under the west for centuries, and how has that benefited us? I don't care, provided the people grow with it.
  • @allantait7053
    imagine instead of investing in stocks invest in whole islands and countries
  • One of the reason why China is bringing in their own people to do most of the work is other countries do not have the expertise knowledge or financial resources most countries need to invest in human resource and development programs in strategic areas such as education and technology we all know that education is the key to success
  • @yvens211
    We just need to be smart when dealing with other powerful countries.It’s good to have Chinese come to help because those islands don’t have engineers that build roads and buildings.so make your country look good.