BriefingAsia-Pacific

Guyana Is Proof of the Pitfalls of Chinese Aid and Investment in the Caribbean

The central bank in Georgetown, Guyana, Aug. 29, 2016 (AP photo by Bert Wilkinson).
The central bank in Georgetown, Guyana, Aug. 29, 2016 (AP photo by Bert Wilkinson).
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The small developing nations dotting the Caribbean have recently become sites for massive amounts of foreign aid from China. Large Chinese-built infrastructure projects and millions in investments have taken their place next to sun-splashed tourists, sprawling resorts and bustling cruise ports. Earlier this year, thousands of Chinese workers flocked to Jamaica to complete a $730 million mega-highway that cuts through the heart of the island, shaving hours off typical tourist commutes. In Barbados, Chinese officials have pledged tens of millions of dollars to restore gymnasiums, renovate historic sites, and dock a goodwill hospital ship in the capital, Bridgetown, to provide […]

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