While most Barbadians may only be slightly aware of the magnitude of the change that the emergence of China as a global power implies, it has touched our lives in a number of ways.
And according to Governor of the Central Bank of Barbados, Dr. DeLisle Worrell as he spoke at the press launch of the Fish and Dragon Festival, Barbados and the Caribbean can benefit from our interactions with the People’s Republic of China.
“We do know of the Chinese interest in direct investment in the Caribbean; it is substantial and it is to be welcomed because it benefits both sides. Barbados and the Caribbean benefits from the increase in our capacity to produce goods and services and the associated employment. China, for its part, is in search of opportunities to diversify foreign investment work portfolios,” Dr Worrell said.
“I’ve only recently been sensitised to the extent o...