Intensifying Caribbean market share within China: a CARICOM case assessment

In: Global discourse: an interdisciplinary journal of current affairs and applied contemporary thought, Band 11, Heft 4, S. 633-652

Abstract

This study researches the possibilities of improving export receipts through China and its expressed dedication to the region's development. Using the gravity approach, the study revealed that the Caribbean has yet to exploit available export opportunities with China, thereby warranting a more aggressive and sustained export strategy. A large portion of the region's exports into China offers significant expansion possibilities. Despite largely unexplored opportunities, the Caribbean is also confronted by various inherent and external challenges. With significant declines in export feasibility, the Caribbean needs to develop an aggressive export-led strategy for a united Caribbean into China. However, caution is warranted when advancing international trade policies. At present, the Caribbean is unable to engender long-standing trade relations to strengthen the dealings with a newer, though growing, partner.