China Beats US In Early Cuban Internet Infrastructure Investment
lpress writes: The US would like to sell Cuba Internet service and equipment, but we have had little success so far. China has won the first round — they financed and installed Cuba's undersea cable, supplied backbone equipment and public WiFi access centers and will provide equipment for the forthcoming home DSL rollout. That being said, Cuba has very little connectivity today and most of what they have and plan to install is already obsolete by today's standards, so they will be buying a lot of equipment in the future.
So you hold an embargo against a nation for decades and now they don't fall over themselves to buy from you?
What an ungrateful bunch!
They probably agree on communistic principles. But currently China is more competitive than the USA, since that market is divided in monopolies by bought politicians.
Thank you, Bradley Manning, Edward Snowden and so many others, for courageously defending humanity, my freedom and more!
In the Cold War era (and still applies now), the US gave a lot of "Foreign Aid" money to many countries around the world. "Foreign Aid" in quotes because, often, the money just went the pocket of corrupt government officials, and the people in the country got what's left, if any. The result is a lot of money spent, a lot of corrupt officials made rich but very little goodwill generated among the common people.
China obviously did their homework. Instead of just giving out money, they are building visible infrastructure projects around the less-developed countries in world, either as foreign aid if the host country accepts, or by "bidding" for infrastructure projects. "Bidding" in quotes because when you don't even try to make a profit and bundle in free financing package to boot, others can't really compete with you at all. Then the common people will see Chinese companies and workers building infrastructure for their benefit, generating goodwill.
I wouldn't be surprised to learn the details of this successful "bid" may include 100% financing by China, probably at low interest, so Cuba don't have to pay a dime upfront. The money used for this would be a much better investment for China than buying US Bonds.
So it is Pres. Obama's fault that it is not any easier to do business in Cuba? Who was it again that turned Cuba into a testosterone test of who can be meaner and thus a bigger "man?" I seem to recall it was a different party who was howling at any mention of doing any sort of business with Cuba. Now it is Obama's fault that the US cannot sell anything to Cuba. Right.
Is when the average Cuban has better bandwidth than the average US Citizen because they actually decided to build infrastructure
Yey! Lots of sex for China!
Linux is for people who don't mind RTFM.