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Meet the Diplomats: Jamaica Overcomes 2008 ‘Global Implosion’ with Chinese Help


03-03-2017 18:39 BJT

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In the immediate aftermath of the 2008 Financial Crisis, the gravest ‘global implosion’ to occur in over 80 years, Jamaica was struck hard. Kingston faced tightening restrictions from the IMF (International Monetary Fund) and could not secure or even guarantee future loans. But Beijing rushed to the rescue with a $US400 million cash infusion.


Jamaica’s Finance Minister The Hon. Audley Shaw talks to CCTV.com’s ‘Meet Diplomats’ host Li Shou’en to explain further details …

(The opinions expressed here do not necessarily reflect the opinions of Panview or CCTV.com)


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