China Denies "Predatory Practices" in Caribbean Investments, Urges US to Reflect on Its Own Actions

China Refutes Claims of "Predatory Practices" by US Secretary of State

China has refuted claims made by US Secretary of State Marco Rubio that it engages in "predatory practices" in its investments in the Caribbean. At a news conference in Jamaica, Rubio warned of Chinese investments attaching loans that can't be repaid, leaving nations vulnerable to "debt traps."

China's Foreign Ministry spokesman Guo Jiakun dismissed these claims as malicious disinformation aimed at sowing discord between China and other countries. He emphasized that China's investment cooperation with Caribbean nations is based on the will of the host countries and has boosted their economic development and improved people's livelihoods.

Guo pointed out that it is the US, not China, that engages in coercive and predatory practices towards developing countries, citing its history of interventions in Latin America and the Caribbean. He urged the US to reflect on its own actions instead of making unfounded accusations against China.

This incident highlights the ongoing tensions between the US and China, particularly regarding their economic and political influence in developing countries. While the US expresses concerns about China's "debt trap diplomacy," China emphasizes the mutually beneficial nature of its investments and criticizes the US for its historical interventions in the region.