Trade relations between CARICOM and China: a recap and outlook

Abstract

This article reviews trade relations between CARICOM countries and China, and explores the future opportunities and challenges to expanding trade. It first describes the trend of bilateral trade between CARICOM countries and China over the past two decades. It then focuses on future opportunities and identifies potential challenges for bilateral trade to expand through the development of the Belt and Road Initiative, the impact of the trade war between the US and China, and possible free trade agreements between CARICOM countries and China. CARICOM countries will need to navigate the issues carefully to ensure success.