Interestingly enough, there has been a shift in China. They have started paying their bills and spending money abroad. Their foreign reserves spending the in last few months is already 4 times what they have spent in 2015. Economic analysts surmise that they are trying to solve their domestic economic problems by investing in foreign companies. The Chinese want to diversify their economy from manufacturing cheap Walmart goods to high tech manufacturing to keep their economy healthy. http://www.reuters.tv/v/Dhu/2016/08/29/…

The economic diversification was the same strategy and vision that Hubiggity had when he proposed the Third Pillar back in 2002 and the criminal PLP and sheeple populace fought it tooth and nail, and now the crumb-catchers are applying for their own job back at Sandals. Hubigetty had plans to totally wire the island, make it a hosting center for eCommerce and the internet and grow the knowledge sector of the economy.

Now we are begging the Chinese to pay their bills, and hope and pray that they dole out some money, and finish Baha Mar so that it can sold. Knowing how they built the original, no one will want to buy it, especially with all of the rice poop on the carpets of the unfinished rooms.

At least there may be a chance for some Bahamians to get some money, but wait and see. The Bahamian overseers, Winder/Lightbourne et al will take their cut as an "administration" fee.

The same old tired shit " hope and help" All that bullshit coming out of his mouth an no hard and fast deadlines? Jokes

In these types of situations where the Chinese know they have the upper hand over a corrupt but weak government like the Christie-led PLP government, they don't dole out a single dollar unless they know they will get at least a $1.50 back in return. For the Chinese it's now all about recovering losses and not earning money by working for it the old fashion way. Christie has obviously given away to the Chinese mega-millions of taxes and fees that we should have expected to collect from the Baha Mar development over the next 40 + years, not too mention promised significant electricity-cost subsidies, waste removal subsidies, marketing and airlift subsidies, as well as a whole treasure trove of Crown land. My oh my......there's nothing our Mugabe styled PM will not resort to for his own political survival and the unjust enrichment of himself, his immediate family and his cronies.

But is it for real?

"Hope" - what a way to run a country !! How about if they use crystal balls while they're at it, or maybe those unpaid local contractors can read the Tribune's horoscope section to estimate when their families will be fed next. For pity's sake Mr Christie, have you not done enough to us - isn't it time to go?

http://tribune242.com/users/photos/2016…

HOW MUCH WILL BAH MAR LOSE by being delayed? In 2004 Atlantis had a total revenue of $680 million and a gross profit of $157 million and net profit of $58 million. That was before the Third phase expansion which saw the property size double so it is safe to guesstimate that Atlantis now sees gross revenues of at least $1.2 billion and net profits of at least $100 million. If you were to relate these figures to Bah Mar based on size and amenities one could modestly assume Bah Mar having an annual revenue of $700 million. Since the project will be delayed some three years if it is to open in winter 2017 one can safely assume lost revenue of $2.1 billion. And if you add on the lost in spoofs (employee salaries being spent , utilities being paid, goods and services being dupplied, taxes being paid etc., this figure quickly multiplies. The real amount may never be known but $3.5 billion would be conservative.

"*He added that he had asked the bank and its receivers to “separate” Baha Mar’s construction completion from the task of finding a purchaser.*"

If there's no buyer how can they claim the hotel will open before winter season 2016/2017?

Can someone please explain the poop on the carpet? Were the workers randomly defecating anywhere in the hotel? Were they living in the hotel? Were these acts of defiance, sabotage or bad hygiene? And how long was that a problem?

Apparently the Chinese workers, instead of traversing all the way down to the Porta-potties would just find an empty room and do a squat. Saved them from going down a few floors and going outside.

If you have ever been to China, you will understand that this is a cultural thing. Saw people squatting all of the time, in the weirdest (and most open) places.

Prime Minister Pindling must be rolling over in his grave right now! The Governments of today is just a crying shame. Lord help us!

Bah Mar is both a political football and an economic hot potato. It can easily go from being a cash cow to a white elrphant in an instant. There are not many potential buyers in the market willing to invest so heavily in a company that had a still birth and many labor pains. For the sake of all Bahamians and this economy let's hope the projects gets moving again and gets completed and opened. In the main time be watchful of this government to ensure they don't sell the soul of the Bahamian people for the sake of Bah Mar.

I'm here and I can't give them my business. I have heard and seen too much.
Sorry I want success for the Bahamian economy but this Resort just seems to come with too many bad omens.