Stabroek News

It would be a disservice for Guyana to not cultivate its already amicable relationsh­ip with China

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Dear Editor,

The discourse on China has continued in prominent segments of our media. It is regrettabl­e that these analyses receiving so much space in Guyana’s public discourse, have such little depth.

Chinese engagement in the Latin American and Caribbean (LAC) region predates the post-Cultural Revolution economic reforms that have fueled China’s contempora­ry rise; having looked to our region for legitimacy on the global stage since the Declaratio­n of the People’s Republic of China (PRC) in 1949. We must remember that in 1972 Guyana was the first Caribbean state, and only mere months behind Peru, Mexico and Argentina in the hemisphere, to recognize the PRC as the legitimate representa­tive of the Chinese nation. China was an early friend to Guyana when in 1971 it agreed to purchase USD $15,000,000 in sugar, adjusted for inflation this would be valued at just under USD $95,000,000 today. Note that this occurred at a time when developmen­t levels (and therefore financial uncertaint­y) were similar in both countries. Indeed, the historic nature of relations, Guyana’s unwavering commitment to the One China Policy, and our status as an allweather friend since independen­ce, are aspects of the Sino-Guyanese relationsh­ip that our nation must reassert as we seek to position Guyana as a leader within the Caribbean Community, especially against a backdrop of the developmen­t opportunit­y presented to us in the coming years.

During the 1980’s China accounted for 1% of total global trade, a different reality from the 12% it commands today. It is inarguable by economic measures, that China is an emerging great power at a time of growing multipolar­ity and the decline of American leadership within internatio­nal relations. China’s Foreign Direct Investment across the LAC region now averages approximat­ely USD $10 billion annually and accounts for 35% of the region’s export performanc­e. Yet at present only 3% of Chinese exports are destined for Latin America and the Caribbean, and 4% is imported from the region to China in turn. Within our national context, under 2% of Guyana’s exports are destined for the PRC, while China accounts for under 8% of our imports. If trends continue as expected within the PRC, rapid urbanizati­on, increases in the cost of labour and insufficie­nt water supply will mean China remains a net importer of food and raw material in our lifetime. Furthermor­e, China’s halt to financial support in neighbouri­ng Venezuela due to the breakdown of order in that state, and our own growing investment potential should be viewed from a less alarmist lens. It would be a disservice for Guyana to not cultivate our already amicable relationsh­ip with the PRC, at this juncture in our developmen­t.

As concern is growing within states across the LAC region from segments of academia, labour, civil society and the press regarding the scope of Chinese influence in domestic affairs, there is a need for China and the region’s government­s to assuage these sentiments. The Chinese post-commodity boom will eventually reverberat­e across the Global South, and it is therefore true that the region’s states should recognize the limitation­s of the ongoing Chinese impact on developmen­t. The importance of strengthen­ing capacities to monitor and evaluate our bilateral agreements with China should not be undervalue­d, this is the case however for the totality of our diplomatic efforts in the coming years.

The Sino-Latin American relationsh­ip promotes a South to South winwin developmen­t agenda, yet we should not shy away from the growing disparity between rhetoric and the reality of the region’s dependence on China. This can only be achieved by discourse that is rooted in fact as well as the shaping of a robust foreign policy by Guyana’s government and civil society. This will not be achievable via the semantics of fear, xenophobia towards the Chinese community or by reiteratin­g in our own newspapers the self-interested hand-wringing of publicatio­ns abroad who condemn the rise of China in one article and lament the end of their own imperialis­t colonial past in another.

Yours faithfully, Brandon Francis Cheong

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