Since April, many Chinese business bosses have disappeared, believed to have fled the country, leaving millions of dollars in unpaid debts linked to loan sharks.
Baha Mar announced today it has opened an office in Hong Kong, a strategic move intended to strengthen sales and marketing capabilities within Asia-Pacific.
China has pledged to provide $1 billion of preferential loans to CARICOM countries.
While unemployment in the Bahamas reaches new highs, the Bahamas government is busy handing out construction jobs to Chinese contractors.
The governments of the Commonwealth of The Bahamas and of The People’s Republic of China are set to sign an Economic Technical Cooperation Agreement during the visit of His Excellency Wang Qishan, Vice Premier of the State Council of the People’s Republic of China on Saturday, September 10, 2011.
The Government of the People’s Republic of China awarded nine Bahamians with full scholarships to pursue higher education in China.
China’s Ambassador to The Bahamas, Hu Shan made his first official visit to Grand Bahama Island.
Bahamian shipowners Campbell Shipping Ltd. has signed an order with Tsuji Heavy Industries (Jiangsu) Ltd., for a groundbreaking ship-building project.
There is a rumor going around Facebook that Citibank is at this very moment trying to acquire as much as $1.2 billion worth of Facebook stock on behalf of two sovereign wealth funds, one of them is China’s.