In 1974 I was an air-hostess for Sabena Airline and I live in Belgium. Belgium colonies many Africa countries and one of the steward told me that the third world country should considered themselves lucky if they could get 5% of the money for the natural resources because if not the West can just bomb them and take over everything. This is the mentally of the EVIL ZIONIST JEWS because they are the same people who control the natural resources of Africa!
I never forgot what my mother Lim Soon Heng an uneducated woman from China said in the late 60’s when the Singapore government went all the way to rope in the Israeli defend forces to shape our young soldiers. She said, “Thank goodness Singapore doesn’t have any natural resources so the WEST cannot take advantage of us. But we also got to be careful of our human resources because if we are not mindful the future generations mind will be contaminated with fear, greed and hatred for the Muslims. The young people will be influenced and carry the wrong value that Capitalism = God!” My mother believed 5% of the population talents should be nurture instead of blindly following the Capitalist path to bring us success.
If The West Wants The Natural Resources Of The Third World Countries They Should Follow China’s Footsteps In Caribbean And Be Generous To The Communities.
But Unfortunately This Is Not The Way The West Prefers To Do Business Because They Had Managed To Rob The Third World Countries Blind All Their Life Why Should They Change Like What They Are Doing Now In Haiti. Please view this link,
The secret behind the Rush to Haiti
Uploaded by EconomyMeltdown on Feb 10, 2010
Straits Times 9 April 2012
China Flexes Economic Muscles In Caribbean
Eyebrows Raised As It ‘Buy Loyalty’ On US Doorstep
NASSAU (The Bahamas): A new US$35 million (S$44million) stadium opened here in the Bahamas a few weeks ago, a gift from the Chinese government.
The tiny island nation of Dominica has received a grammar school, a renovated hospital and a sports stadium, also courtesy of the Chinese. Antigua and Barbuda got a power plant and a cricket stadium, and a new school is on its way. The Prime Minister of Trinidad and Tobago can thank Chinese contractors for the craftsmanship in her official residence. China’s economic might has rolled up to America;s doorstep in the Caribbean with a flurry of loans from state banks, investment by companies and outright gifts form the government in the form of new stadiums, roads, official buildings, ports and resorts in ta region where the United States has long been a prime benefactor.
The Chinese have flexed their economic prowess in nearly every corner of the world. But planting a flag so close to the US has generated intense vetting- and some raised eyebrows- among diplomats, economists and investors.
When you’ve got a new player in the hemisphere all of a sudden, it’s obviously something talked about at the highest level of governments,” said Professor Kevin Gallagher of Boston University, an author of a recent report on Chinese financing, The New Banks IN Town.
Most Analysts do not see a security threat, noting that the Chinese are not building bases or forging any military ties that could invoke fears of another Cuban missile crisis. But they do see an emerging superpower securing economic inroads and political support form a bloc of developing countries with anemic budgets that once counted almost exclusively on the US, Canada and Europe.
China announced late last year that it would lend US$6.3billion to Caribbean governments, adding considerably to the hundreds of millions of dollars in loans, grants and other forms of economic assistance it has already channelled there in the past decade.
Unlike in Africa, South America and other parts of the world where China’s forays are largely driven by a search for commodities, its presence in the Caribbean derives mainly form long- term economic ventures, like tourism and loans, and potential new allies that are relatively inexpensive to win over,, analyst say.
US diplomatic cables released through WikiLeaks and published in the British newspaper The Guardian quoted diplomats as increasingly worried about the Chinese presence”less than 190 miles(305km) form the Untied States” and speculating on its purpose.One theory, according to a 2003 cable, suggested that China was lining up allies as “a strategic move” for the eventual end of the Castro era in Cuba, with which it has strong relations.
But the public line today is to be untroubled.
“I am not particularly worried, but it is something the US should continue to monitor,” said MR Dennis Shea, chairman of the US-China Economic and Security Review Commission, a bipartisan congressional panel. But he added:”With China you have to be wary of possible policy goals behind the effort.”
This archipelago, less than an hour;s flight form Florida, has received particular attention from the Chinese. Aside from the new stadium, with its “China Aid” plague affixed prominently at the entrance, Chinese workers in the Bahamas are busy helping to build the US$3.5billion Baha Mar, one of the region’s largest mega resorts.
Beyond that, a Chinese state bank agreed in recent weeks to put up US$41million for a new port and bridge, and a new large Chinese Embassy is being built downtown.
The new Stadium, Bahamian officials said, was in part a reward for breaking ties with Taiwan in 1997 and establishing and keeping relations with China.
It is one of several sporting arenas that China has sprinkled in Caribbean and Central American nations as gratitude for their recognition of “one China: – in other words, for their refusal to recognise Taiwan, which Chinese officials consider part of their country.
“They offered a substantial gift and we opted for a national stadium,” said Mr Charles Maynard, the Bahamian sports minister, adding that his government could never have afforded to build one on its own.
In this enduring tug of war with Taiwan, others have switched too, with a little financial encouragement. Grenada ended ties with Taiwan in 2004. and it is now in talks with China about getting a new national track and field stadium. The parting has not been entirely amicable; Taiwan and Grenada are now locked in a financial dispute over loans that Grenada received to finance the construction of its airport.
Determined not to be sidelined, Taiwan is seeking to solidify its existing relationships with countries such as Belize, St Kitts and Nevis, and St Lucia- which in 2007 broke off relations with China in favour of Taiwan 0 with a bevy of projects, many of them agricultural, including an agreement signed with Belize in recent weeks to develop the fish farming industry there.
Still, Taiwanese diplomats in the region conceded that they could never keep up with China’s largess, but continued to make strategic investment int he Caribbean.
There are some commodities int eh region that China wants. Last August, a Chinese company , Complant, bought the last three government sugar estates in Jamaica and leased cane fields, for a total investment of US$166million. Last year, Jamaica for the first time shipped its famed Blue Mountain Coffee to China. The Jamaican government has also received several hundred million dollar as in loans from China, including US$400million announced in 2010 over five years to rebuild roads and other infrastructure.
“In order to be prosperous you need to build roads first,” said Mr Adam Wu, an executive with China Business Network, a consulting group for Chinese businesses that has been making the case for China in several Caribbean countries.
Several analysts in the Caribbean say they believe that China will eventually emerge as a political force in the region, with so many countries indebted to it, at a time when the US is perceived as preoccupied with the Middle East and paying little attention to the region.
“They are buying loyalty and taking up the vacuum left by the Untied States, Canada and other countries, particularly in infrastructure improvements,”said Sir Ronald Sanders, a former diplomat from Antigua and Barbuda.
“If China continues to invest the way it is doing in the Caribbean, the US is almost making itself irrelevant to the region,”he adds. “You don’t leave your flank exposed.”
In some places, Chinese contractors or workers have stayed on, beginning to build communities and businesses. So many have opened in Roseau, Dominica, that local merchants have complained about being squeezed out.
Trinidad and Tobago has had waves of Chinese immigration over the past century, but locals are now seeing more Chinese restaurants and shops, as well as other signs of a new immigrant generation.
“I am second-generation Trinidadian-Chinese, and like most of us of this era, we have integrated very well in society, having friends, girlfriends, spouses and kids with people of other ethnicities,” said Mr Robert Johnson-Attin,26, a mechanical engineer now with his own successful business, “It’ll be only a matter of time before it happens with the Chinese coming in now.”
In the Bahamas, Mr Tan Jian, the economic counsellor at the Chinese Embassy, said he believes it is only the start of the Chinese presence across the Caribbean, casting it as one developing country using its growing economic power to help other developing ones.
The Bahamian government, he said, “cannot afford to build huge projects by itself.”While the Chinese built the stadium, the Bahamas is responsible for utility hookups and the roads and landscaping outside it.
The US$35million gift “is costing us US$50million”, said Sports Minister Maynard. “But at the end of the day it will pay for itself” by putting the Bahamas in a position to host major sporting events and reap the tourism revenue that comes with it.
NEW YORK TIMES