May 23, 2018

China, Trinidad and Tobago pledge pragmatic cooperation

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From XINHUA NET BEIJING, May 14 (Xinhua) — Chinese Premier Li Keqiang held talks with Prime Minister Keith Rowley of Trinidad and Tobago on Monday, and they agreed to expand cooperation in infrastructure construction, finance and other areas. Li said Trinidad and Tobago was among the first Caribbean countries to establish diplomatic ties with China. […]

Sir Ronald Sanders; Trade wars in no one’s interest

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By Sir Ronald Sanders The government of the People’s Republic of China wrote to the chairperson of the Dispute Settlement Body (DSB) of the World Trade Organisation (WTO) on April 4, registering a dispute with the government of United States of America over duties that would be applied by the US only to China’s products. […]

Sir Ronald Sanders: The Caribbean – Facing a fatal fate

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By Sir Ronald Sanders High-tide flooding is set to become an every-other-day affair in coastal areas along the Gulf of Mexico and the East Coast of the United States of America by the year 2100. It will also fatally harm the countries of the Caribbean. As the level of the sea continues to rise, conditions […]

The Caribbean relies on your vacation — but suffers from its carbon footprint

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By Justine Calma From grist Some of our favorite travel destinations are in a bind. Small island nations, like Saint Lucia and Barbados in the Caribbean, are extremely vulnerable to a warming climate, yet many rely on an industry that’s a big driver of  global carbon emissions. A study published in the journal Nature Climate […]

In blow to Taiwan, Dominican Republic forges ties with China

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BY EMILY WANG AND JOHNSON LAI Associated Press From The News & Observer BEIJING – The Dominican Republic established diplomatic relations with China on Tuesday, breaking ties with Beijing’s rival Taiwan in the latest blow to the self-ruled island democracy China has been trying to isolate on the global stage. Taiwan said it was “deeply […]

US trade protectionism threatens to hurt its influence in Caribbean ‘backyard’

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By Hu Weijia From Global Times The US has been unable to hinder China’s presence in the Caribbean region, which to some extent has long been seen as the US’ backyard. Panama’s President Juan Carlos Varela was quoted by Reuters as saying that the country is considering building a passenger train to Costa Rica with […]

Cayman Islands remains busiest offshore jurisdiction for dealmaking in 2017

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The Cayman Islands held on to its spot as the top jurisdiction for offshore M&A transactions in 2017, recording about one-third of all deals and total deal value, according to a report released today by offshore law firm Appleby. The latest edition of Offshore-i, an Appleby report that provides data and insight on merger and […]

China’s people surveillance AI startup tops $4.5B valuation

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By Simon Alvarez From Teslarati Chinese AI startup SenseTime, a company that develops people surveillance software for the country’s law enforcement, recently finished a new funding round worth $600 million. The latest round, led by Chinese e-commerce giant Alibaba, raised SenseTime’s total valuation to over $4.5 billion. According to CB Insights, an analyst firm, SenseTime’s […]

Taiwanese navy flotilla on good will mission to Caribbean

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From The St Kitts Nevis Observer A Taiwanese navy flotilla docked in Nicaragua on Monday in a high-profile visit highlighting ties with Central America and the Caribbean that are shrinking as China presses countries in the region to drop diplomatic relations. Panama recently established ties with mainland China while breaking official diplomatic relations with Taiwan. […]

Sohu to Reincorporate from Delaware to Cayman Islands

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By Peter H. Frank From Capital Watch The Chinese internet giant said that shareholders would not be affected, except that they would receive American depositary shares in the newly established company. Sohu.com Inc. announced today its intention to end its incorporation in Delaware and convert to a Cayman Islands-based company. The Chinese internet giant said […]