Fittest loser
Article posted: 2/17/2013 7:05 AM

China plays by its own rules while going global

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Construction continues on the Baha Mar resort on the beach on New Providence island, Bahamas. The project will add thousands of hotel rooms not far from the islands' biggest resort, the Atlantis. Baha Mar has opened sales offices all over Asia to promote and presell hundreds of pricey condos, hoping to imprint new travel habits on a continent that's traditionally spent beach vacations in Southeast Asia. It is also working with the Bahamian government to open more consular offices in China to issue visas.

Associated Press/January 2013

Construction continues on the Baha Mar resort on the beach on New Providence island, Bahamas. For commercial projects such as the Bahamas resort, China is filling a gap left by western investors and bankers retrenching after the 2008 financial crisis.

Associated Press/January 2013

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All over the world, from Latin America to the South Pacific, a cash-flush China is funding projects that others won't, seemingly less concerned by the conventional wisdom of credit ratings and institutions such as the World Bank. The Chinese money is breathing life into government infrastructure projects that otherwise might have died for lack of financing.
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    • Construction continues on the Baha Mar resort on the beach on New Providence island, Bahamas. The project will add thousands of hotel rooms not far from the islandsí biggest resort, the Atlantis. Baha Mar has opened sales offices all over Asia to promote and presell hundreds of pricey condos, hoping to imprint new travel habits on a continent thatís traditionally spent beach vacations in Southeast Asia. It is also working with the Bahamian government to open more consular offices in China to issue visas.
    • Construction continues on the Baha Mar resort on the beach on New Providence island, Bahamas. For commercial projects such as the Bahamas resort, China is filling a gap left by western investors and bankers retrenching after the 2008 financial crisis.
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