Barbados (main picture) has signed on for one of China's low-rate loans, but other nations fear the big dollars being spent by Beijing only increase the influence of China and leader Xi Jinping (inset). Pictures: Supplied/AFP.
China is lending billions of dollars to Commonwealth nations in the Caribbean, prompting concerns over its growing influence in the region and fears that the recipient states may be trapped by heavy debts to Beijing.
Starved of financing for major infrastructure projects, nations that once turned to Britain or the US have looked to China for low-interest loans to build highways, bridges, ports and stadiums.
“We told them we need your investment and you need our location in the Caribbean,” Keith Rowley, prime minister of Trinidad and Tobago, told reporters after signing up to China’s Belt and Road initiative in June 2018....................
https://www.theaustralian.com.au/world/the-times/chinas-billions-to-woo-commonwealth-nations-in-caribbean-prompt-influence-fears/news-story/a23e23fec81de2f3489d766818dcb6bf
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