NASSAU, (Reuters) – China’s ambassador to the Bahamas hailed the groundbreaking of a $2.6 billion resort project last week as “another milestone” in the two countries’ relationship and suggested it could herald further Chinese investment in the island nation.
U.S. diplomats have raised concern about whether the Baha Mar project, which is being financed and built by two Chinese government-owned entities, could make the Bahamian government beholden to China.
At the ceremony marking the start of construction, Chinese Ambassador Hu Dingxian said overseas investments by Chinese companies increased