Cuba Doesn't Trust the US, Instead Goes to China for Investment

[Judi Lynn]

Cuba Doesn't Trust the US, Instead Goes to China for Investment
Published 18 March 2016

Will the U.S. have to compete with China for the emerging Cuban market?


The Unites States is not the only country vying for Cuba's attention and open markets. But the island nation distrusts Washington and instead has been strengthening ties with China, one of the U.S.' major competitors.

In 2015, trade between China and Cuba increased by 57 percent, reaching some US$1.6 billion according to Beijing officials, while in past months direct flights began to operate between Beijing and Havana.

China is also leading the construction of Internet infrastructure in Cuba, a market that the U.S. has been battling to enter. According to specialists, the deals were a deliberate decision by Havana, stemming from its lack of trust in the U.S.

“The Chinese influence is felt in all areas,” says Richard Feinberg, a former U.S. diplomat and expert on the Cuban economy at the University of California and the Brookings Institution. “From the point of view of Cuba, they are still paranoid about the United States.”

More:
http://www.telesurtv.net/english/news/Cuba-Doesnt-Trust-the-US-Instead-Goes-to-China-for-Investment-20160318-0017.html

[Marksman_91]

1. HAHAHA! XD Sure, and Obama's visit is just a holiday

Not surprised that this is coming from the Chavista-financed propaganda mouthpiece Telesur. They make a habit of saying shit that doesn't make sense, at least when it comes to the failed leftist movement in Latin America that was started by Chavez.