Weekly Report - 19 April 2018 (WR-18-15)

The Dominican domino could be the next to drop in the Caribbean after Costa Rica and Panama switched allegiance from Taiwan to China in recent years. Last week the president of the Dominican Republic, Danilo Medina, inaugurated an aluminium manufacturing plant with the operations director of Chinese firm Kingtom Aluminio SRL, Zheng Qinquin. It becomes the first Chinese manufacturing firm to set up in the country, which is one of only 20 yet to embrace Beijing’s ‘One China’ policy and is now the jewel in the crown for Taiwan, as its most important ally in terms of GDP.

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