On 7 July, VICE News released an eye-opening video report (as good as, or better, than one might hope to see from larger news organisations) saying that China’s rapidly growing presence in South America has reached Guyana, and that it has gone undercover to expose allegations of corruption in business deals between the 2 countries. Rich in natural resources, like oil, gold and timber. China’s investment in Latin America and the Caribbean has four-fold since 2005, reaching over $16 billion, with $130 billion in loans by Chinese banks. Posing as a Chinese businessman and his PA, reporters went undercover to see if they would be offered, or would have accepted, any corrupt practices and to see how the Chinese do business with the Guyanese government. They were given “advice” by one timber exporter and told of the need to pay middlemen, and how money is moved using the informal “flying money” system. They also interview the Vice-President, and pointedly ask him if he takes bribes, as some of their undercover interviewees had alleged.
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