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China dangles $1 bn to woo the Caribbean News

News One "Port-of-Spain, Sep 14 (IANS) China opened its purse-strings wide to fork out a $1 billion loan for governments in the Caribbean that has a strong Indian presence since the past 150 years. ‘The world needs China for its development,’ said a top Chinese official who led a jumbo-sized delegation.
China chose to unveil a slew of measures in the oil-rich Trinidad and Tobago where Indians account for 44 percent of the country’s 1.3 million people.
The Chinese delegation included 13 ministers and 80 high-level Chinese business officials."

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