Over the next three years The Bahamas will benefit from China's preferential loans to promote Chinese business within the Caribbean.
Last year the trade volume between China and the Caribbean region reached a record high of $4.4 billion - a 64 percent increase over the prior year.
With the Chinese government implementing actions to "push" their people, whether for business or personal pleasures, to Caribbean destinations, one can almost brace themselves for the impact that will no doubt be felt.
There will definitely be a flux of Chinese people, products and business flocking to the Caribbean region. This "flux" will impact the real estate market. It may not be seen in the first few years, but it will be in the following.
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Monday, September 10, 2007
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1 comment:
I think you're right on point. Witht he US dollar as weak as it is compared to others, I think we will see an in-flux of international buyers. As such, I think they need to look at websites such as www.worldpropertiesonline.net and your to find such properties. Good article.
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