Prime Minister Hubert Ingraham was successful in reaching a consensus on a number of significant issues related to the Baha Mar Cable Beach Development during his recent visit to China.
The Bahamas was promoted as a more attractive centre for investment for potential investors, during Prime Minister the Rt. Hon. Hubert Ingraham’s Official Visit to the People’s Republic of China recently.
The $2.6 billion Cable Beach Baha Mar project is hanging in the balance as the government waits to see if the Chinese will agree to Bahamian subcontractors getting up to $500 million of the work, as opposed to current deal of $200 million.
The Bahamas was honoured in China as recipient of the “World’s Best Eco Island” Award by Voyage magazine during a special gala celebration in Beijing.
Prime Minister Hubert Ingraham presented five Junkanoo pieces, depicting the mystical wonders, rich culture and heritage of the Bahamas to the China National Museum of Fine Arts.
Simon, a columnist from the Nassau Guardian, offers some compelling reasons why Bahamians are relieved that Mr Ingraham in is China and not Perry Christie.
Bahamas pundit Larry Smith looks at the other side of China and it’s not a pretty picture.
Bahamian taxpayers will end up paying over $50 million for the $30 million dollar ‘gift of a stadium’ built by the Chinese.
China is pouring another $7bn (£4.4bn) into Brazil’s oil industry, reigniting fears of a global “land grab” of natural resources.