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Tuesday, 24 April 2018


China to flood Georgia with dangerous money

2011-04-06 17:40

China to flood Georgia with dangerous money. 15548.gifGeorgian PM can rejoice: his trip to China and the visit of Deputy Head of the Government Archil Kekelia that followed were not in vain. Local investors have already packed money bags and are eager to bring as many dollars as possible to each of the Caucasian republics. It is planned to increase Georgian wine export, improve the energy sector and develop agriculture. Pharmaceutics and transport won't be left without the Chinese's attention either. Businessmen from the Heavenly Empire do not know yet that


they will have to deal with those business sectors where conflict political purposes of several groups of investors intersect.

Vice Prime Minister Archil Kekelia was unexpectedly lucky. China, where he arrived to plead for investing foreign means in Georgia, has recently adopted another economical five-year plan. The Georgian government does not seem to be embarrassed by the flourishing Communism with its market economy. Georgians can easily accuse Russia of "Soviet occupation", blow up Stalin monuments and dismantle the Soviet Union symbols, hammer and sickle: the northern neighbour won't abandon the Caucasian republic anyway, giving it money from time to time, while the second world economy is attractive for Sakartvelo in any form.

"The five-year economic development plan implies infusing one and a half trillion dollars in the economy and investing several hundred billion dollars abroad. A large share goes from here to African countries. We are trying to attract part of investments in Georgia, especially that our country provides all the preconditions to make the Chinese business feel comfortable. If things go the way we are planning, several hundred million dollars will be invested in Georgia", - Kekelia quickly responded to Chinese money.

The vice prime minister is certainly playing cunning. Chinese money has been invested in Georgia for a long time. It is rumoured that official Beijing concluded a secret transaction with Tbilisi: Georgia allows the Chinese to freely settle in its territory in exchange for monetary notes. For instance, over thirty thousand forcibly displaced and voluntary settlers have turned into businessmen who currently control sales markets in the Caucasian republic, as well as a number of land plots and wood industry. The government's money from Beijing has been used for constructing two wood-processing plants in Samegrelo and one in the village of Lia of Tsalendzhikhsky region. Hadori hydropower unit is operating in Pankisi gorge, on which 30 million of "Heavenly" dollars were spent.

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