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  HOME | Caribbean

China Denies Poaching Dominican Republic with Economic Aid

BEIJING – China denied on Wednesday Taiwan’s allegations that Dominican Republic switched allegiance from the island and established ties with China after the latter offered it loans worth more than $3 billion.

Chinese foreign minister Wang Yi and his Dominican counterpart Miguel Vargas had signed an agreement in Beijing on Tuesday to establish bilateral relations, which meant Santo Domingo would have to recognize the One China Principle and cut off diplomatic ties with Taiwan.

“We haven’t made any deals and there is no need to do so,” foreign ministry spokesperson Hua Chunying said on Wednesday.

A Taiwan foreign ministry source had said soon after Beijing’s announcement that China had offered the Caribbean country loans worth $3 billion, to be invested in infrastructure and development.

Without offering an exact figure, Taiwan’s foreign minister Joseph Wu also blamed China for offering tax incentives and economic aid to poach Taiwan’s allies.

Marco Rubio, a United States senator from Florida, had accused China on Tuesday of bribing the Dominican Republic and urged the US Congress to do more to counter Beijing’s increasing influence in Latin America.

Taiwan is now left with just 19 diplomatic allies, out of which 10 are in Latin America and the Caribbean.

 

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