China has been accused of ‘playing a large part’ in calls in Barbados to drop the Queen as Head of State
by Chris Pleasance
China has poured billions of dollars of investment into the Caribbean while signing tax and trade deals in an attempt to wrest the region out of the West’s sphere of influence and bring it under the sway of Beijing.
The Chinese government has invested at least $7billion in six Caribbean nations since 2005, records show – building roads, ports and the five-star Baha Mar casino and resort in the Bahamas – though the true figure is thought to run well into the tens of billions.
While some of the money arrives as part of trade and investment deals, much of it is offered as ‘soft loans’ for infrastructure projects that are harder to track and typically come with requirements to use Chinese contractors for the work. The loans also provide long-term leverage for Beijing over the cash-strapped island nations.