While World Bank President Robert Zoellick warns that the world is "one shock away from a full-blown crisis," China has broken ground and taken over the economic future of a country whose nearest island to the U.S. mainland is Bimini, only 50 miles away.
The Nassau Guardian editorialized: "The Bahamas has fallen fully into the embrace of China . And the rising empire has been kind with its gifts … What Bahamians must understand is that when China lends, and it contracts its own workers to do the job, a significant amount of the money borrowed goes back to China with the workers who build the project. They pay their workers with money we borrow … The Chinese also keep their workers in self-contained on-site camps when they are sent abroad. We barely get them to visit our stores to spend the money we borrowed when they are working in our countries."
Arnaud de Borchgrave is Editor at Large of the Washington Times
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