The historical social, cultural, political, diplomatic and economic context of the Jamaica-China relationship provides a critical point of reference that gives texture to the current public discussion about balancing the relationship between both countries.
In the current climate in Jamaica, the involuntary exchange of bonds to lower yielding instruments caught the Jamaican financial sector and other stakeholders unprepared. This is clear evidence of the inadequacies in regulatory oversight and risk management discipline, both at the level of the financial institutions themselves and the local regulatory authorities.