The danger of potential damage to the rule of law and private property should not be overlooked though.
The Bradley Roberts bunkum aside, the only problem I see with China buying the British Colonial Hilton is China's own debt level of 250% of GDP leading to possible economic problems resulting in a serious recession or even a depression there.
I remember when the talk was the US had better be careful because "Japan" was buying them up.
What has happened to the Japanese economy since?
Having said that, Mr. Brent Symonette makes some good points and there has to be balance. Unfortunately that is not the hallmark of the government.
As alluded to above, the rule of law and protection private property are very important tenets of democracy. Should they be compromised by giving favour and privilege to the Chinese government and China State Construction to the detriment of other investors and property owners will wreak havoc to our little country and our economic stability that are already under duress from high crime levels and a government that is about bankrupt.
While there is the additional danger of corruption, as the Chinese nor Bahamian governments are paragons of virtue, economic activity is crucial to growing the economic pie.
One wonders if the government can manage things properly.
