Subscribe Login
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
Jamaica Observer
ePaper
The Edge 105 FM Radio Fyah 105 FM
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
    • Home
    • News
      • Latest News
      • Cartoon
      • International News
      • Central
      • North & East
      • Western
      • Environment
      • Health
      • #
    • Business
      • Business Bites
      • Social Love
    • Sports
      • Football
      • Basketball
      • Cricket
      • Horse Racing
      • World Champs
      • Commonwealth Games
      • FIFA World Cup
      • Olympics
      • #
    • Videos
    • Entertainment
      • Music
      • Movies
      • Art & Culture
      • Bookends
      • #
    • Lifestyle
      • Page2
      • Food
      • Tuesday Style
      • Food Awards
      • JOL Takes Style Out
      • Design Week JA
      • Black Friday
      • #
    • All Woman
      • Home
      • Relationships
      • Features
      • Fashion
      • Fitness
      • Rights
      • Parenting
      • Advice
      • #
    • Obits
    • Classifieds
      • Employment
      • Property
      • Motor Vehicles
      • Place an Ad
      • Obituaries
    • More
      • Games
      • Elections
      • Jobs & Careers
      • Study Centre
      • Jnr Study Centre
      • Letters
      • Columns
      • Advertorial
      • Editorial
      • Supplements
      • Webinars
  • Home
  • News
    • International News
  • Latest
  • Business
    • Business Bites
  • Cartoon
  • Games
  • Food Awards
  • Health
  • Entertainment
    • Bookends
  • Regional
  • Sports
    • Sports
    • World Cup
    • World Champs
    • Olympics
  • Videos
  • Career & Education
  • Classifieds
  • All Woman
  • Environment
  • Webinars
  • More
    • Football
    • Elections
    • Letters
    • Advertorial
    • Columns
    • Editorial
    • Supplements
  • Epaper
  • Design Week
Undiplomatic and hypocritical comments against Chinese investors
BUNTING... Chinese companies operating in the construction sector 'have now controlled at least 50 per cent of the sector'
Editorial
August 12, 2017

Undiplomatic and hypocritical comments against Chinese investors

In the last few days there has been a virulent outbreak of intemperate utterances with potentially harmful effects to Jamaica’s friendship with the People’s Republic of China.

When there is a dispute between the host Government and a foreign investor it should never be taken into the public domain. Negotiations are made more difficult when the different perspectives are made public, especially when only one side of the issue is aired. It is a common mistake and a transparently amateurish tactic to try to drum up public support against one side.

A recent paper entitled ‘Chinese Foreign Direct Investment in the Caribbean’, published by the Inter-American Development Bank, makes the point that what a country gets from Foreign Direct Investment (FDI) depends on the terms under which the foreign investor is made to operate. It also indicates that China is now second only to the USA as a source of FDI.

It was during successive People’s National Party (PNP) governments that China’s presence in Jamaica increased, but Mr Peter Bunting is only now raising questions in an attempt to appear to be defending national pride and the local construction industry.

It is surprising that he is making allegations without evidence, which he should know as a former minister of national security. His tirade against the Chinese is even more hypocritical coming at the same time when a delegation from his own party is on a 10-day trip to the People’s Republic of China hosted by the ruling Communist Party of China.

The Embassy of China in Jamaica, we note, has rebutted some of Mr Bunting’s allegations with empirical evidence.

Nobel laureate in economics Sir W Arthur Lewis diagnosed the problem of developing countries as the difficulty in increasing domestic savings and investment. Foreign capital, in the form of loans and foreign direct investment, under the right conditions can assist developing countries to increase the rate of economic growth.

It was not local investors who developed the bauxite industry. And while we defend Jamaica’s right to protect its sovereignty, we cannot support actions that can damage diplomatic relations with our allies.

The innuendo about Chinese companies has the potential to discourage them from doing business in Jamaica. Indeed, it could worry all foreign investors and Jamaican business operators of Chinese descent.

That China has grown at over 10 per cent per annum for the last 30 years is a demonstration of the fact that it is businesses that determine a country’s economic prosperity.

If there are questions which need to be answered, and corrective actions to be taken, then by all means start a dialogue. However, we cannot go about it in an undiplomatic way, especially with a global superpower that has been a good friend to Jamaica.

{"website":"website"}{"jamaica-observer":"Jamaica Observer"}
0 Comments · Make a comment

ALSO ON JAMAICA OBSERVER

WIP Energy appoints Ian Levy, Gillian Harris to Board of Directors
Business, Latest News
WIP Energy appoints Ian Levy, Gillian Harris to Board of Directors
September 11, 2026
WIP Energy has appointed Ian Levy and Gillian Harris to its Board of Directors. In a release making the announcement, the company said Levy joins the ...
{"jamaica-observer":"Jamaica Observer"}
ITA warns public of alleged fraudulent road code tests and learner’s permits
Latest News, News
ITA warns public of alleged fraudulent road code tests and learner’s permits
September 11, 2026
KINGSTON, Jamaica—The Island Traffic Authority (ITA) is warning members of the public of reports of individuals allegedly administering unauthorised r...
{"jamaica-observer":"Jamaica Observer"}
Phase one repairs 90 per cent complete at Holland Primary School
Latest News, News
Phase one repairs 90 per cent complete at Holland Primary School
September 11, 2026
MONTEGO BAY, Jamaica—Phase one rehabilitation at Holland Primary School in St Elizabeth is now 90 per cent complete, says State Minister in the Minist...
{"jamaica-observer":"Jamaica Observer"}
Latest News, News
WATCH: Miss Universe Jamaica Celene Hall arrives in Portland for homecoming
September 11, 2026
PORTLAND, Jamaica -- Newly-crowned Miss Universe Jamaica Celene Hall has arrived in her native Portland for a homecoming parade in her honour on Frida...
{"jamaica-observer":"Jamaica Observer"}
Super Saturday set to ignite Jamaica’s schoolboy football season
Latest News, Sports
Super Saturday set to ignite Jamaica’s schoolboy football season
September 11, 2026
Jamaica’s schoolboy football season will take on a festival atmosphere this Saturday, September 12, when the Inter-Secondary Schools Sports Associatio...
{"jamaica-observer":"Jamaica Observer"}
Two new models in one week — how to test them on your own work before you switch
Business, Latest News
Two new models in one week — how to test them on your own work before you switch
Anthropic shipped Claude Fable 5.1 on 1 September and OpenAI followed with GPT-6 Astra two days later. Both are described by their makers as the most capable models they have built. Neither claim tells you whether your month-end gets better. Here is a two-hour test that does, and a note on what each launch actually gives a business paying US$20 a month, which is less than the headlines suggest.
Peta-Gaye Hardy, Founder, PGH Consulting, LLC 
September 11, 2026
Two of the three AI tools this column has covered since June got new flagship models within two days of each other. Anthropic released Claude Fable 5....
{"jamaica-observer":"Jamaica Observer"}
MSME Alliance lauds DBJ support for small businesses
Business, Latest News
MSME Alliance lauds DBJ support for small businesses
September 11, 2026
KINGSTON, Jamaica—The MSME Alliance has welcomed the Development Bank of Jamaica’s (DBJ’s) increased support for micro and small businesses, noting th...
{"jamaica-observer":"Jamaica Observer"}
H&L Foundation awards over $3.5m in education grants to 90 students
Latest News, News
H&L Foundation awards over $3.5m in education grants to 90 students
September 11, 2026
KINGSTON, Jamaica—With students across the island back in the classroom following the start of the new school year last week, the H&L Foundation has c...
{"jamaica-observer":"Jamaica Observer"}
❮ ❯

Polls

HOUSE RULES

  1. We welcome reader comments on the top stories of the day. Some comments may be republished on the website or in the newspaper; email addresses will not be published.
  2. Please understand that comments are moderated and it is not always possible to publish all that have been submitted. We will, however, try to publish comments that are representative of all received.
  3. We ask that comments are civil and free of libellous or hateful material. Also please stick to the topic under discussion.
  4. Please do not write in block capitals since this makes your comment hard to read.
  5. Please don't use the comments to advertise. However, our advertising department can be more than accommodating if emailed: advertising@jamaicaobserver.com.
  6. If readers wish to report offensive comments, suggest a correction or share a story then please email: community@jamaicaobserver.com.
  7. Lastly, read our Terms and Conditions and Privacy Policy

Recent Posts

Archives

Facebook
Twitter
Instagram
Tweets

Polls

Recent Posts

Archives

Logo Jamaica Observer
Breaking news from the premier Jamaican newspaper, the Jamaica Observer. Follow Jamaican news online for free and stay informed on what's happening in the Caribbean
Featured Tags
  • Editorial
  • Columns
  • Health
  • Auto
  • Business
  • Letters
  • Page2
  • Football
Categories
  • Business
  • Politics
  • Entertainment
  • Page2
  • Business
  • Politics
  • Entertainment
  • Page2
Ads
img
Jamaica Observer, © All Rights Reserved
  • Home
  • Contact Us
  • RSS Feeds
  • Feedback
  • Privacy Policy
  • Editorial Code of Conduct