Beijing, EFE.- Starting today Chinese citizens who wish to visit Dominican Republic on business or as tourists can get a visa in the Caribbean country’s Trade Development Office in Beijing, despite the lack of diplomatic ties and Taiwan’s historic ties with Santo Domingo , EFE reports.
Office representative Rosa Ng on Thursday presented the Consular Management System which directly links the Foreign Relations Ministry in Santo Domingo, in adherence to an agreement signed by the two governments in 1997.
"The Chinese Government had much interest in its compliance. The Chinese Foreign Ministry has helped us so that China Mobile authorized our engineers to install a static IP which allows direct communication to send documents for the Foreign Relations to authorize the visas," the Dominican representative said.
Ng said he System, in addition to the one already installed in the Hong Kong region, Japan and South Korea, "will allow greater transparency because visa payments will be done through a fund" and will provide around 300 services to Dominican residents in China, such as passport renewals or the legalization of documents.
The Trade Office Website also features "a tool for services in Spanish and mandarin to provide useful information to companies from both countries and favorable conditions for tourism in the Caribbean country," said Ng, who arrived in Beijing just six months ago.
According to the China’s Office in Santo Domingo, the US$1.5 billion in bilateral trade is mostly from the estimated 1,500 Dominican companies that import Chinese products.
Taiwan is among the Asian countries with the longest standing relations with Dominican Republic, but recent setbacks in diplomatic ties in Latin American have hindered Taipei’s economic clout.
Written by: Cacique, 17 Nov 2011 10:51 AM
From: Dominican Republic
Big tribe China show much wampum, Tawian like Quiequeya, peace pipe better than fight, HOw..
Written by: Atabey, 17 Nov 2011 11:51 AM
From: United States, NYC
DR has to somehow create more opportunities for BIG Chinese investments into DR and with the historical ties to Taiwan this is a tricky deal. But many other nations have changed policy, Costa Rica was sold when China built and paid for her new National Futbol Stadium in San Jose and distributed some monies to the right sources. Today Costa Rica has a Free Trade Agreement with China as CR seeks to gain more investments from the large and growing Colossus from the East.
DR is one of the last holdouts in Latin America and at some point will need to make the switch because Nations have interests not friends.
Written by: anthonyC, 17 Nov 2011 12:18 PM
From: United States
Ask the Africans about how those big Chinese investments are working out.
From: United States, California
The chinese can not be trusted.
Written by: RoyStone, 17 Nov 2011 1:54 PM
From: Australia
ELPAPA999, and Dominicans can?
Written by: RoyStone, 17 Nov 2011 1:56 PM
From: Australia
Bi-lateral trade? Is that Chinese manufactured goods in return for borrowed dollars?
Written by: Atabey, 17 Nov 2011 2:04 PM
From: United States, NYC
Written by: anthonyC, 17 Nov 2011 12:18 PM
From: United States
Ask the Africans about how those big Chinese investments are working out."
AC,
like it or not Big China has been in play for well over 30 years and it's about time DR smelled the coffee. Nations have interests, not friends. The USA, Euro, Israel, Japan, Australia, India, Brazil and practically every country in the world has established diplomatic relations withe the Colossus from the East. Why shouldn't DR? China could use the DR as an export base to supply the huge NAFTA market? Why would this NOT be advantageous for DR's development?
Written by: RoyStone, 17 Nov 2011 2:10 PM
From: Australia
China exports directly to the world. It does not need the Dominican Republic as a middle-man. Trade is based on reciprocal supply and demand. The Dominican Republic has much demand but little to supply. especially what China is short of.
From: United States, California
RoyStone,
I’m not worried about the DR. becoming a dangerous super.
From: Dominican Republic, Cabrera
China merely uses the D.R. as a dumping ground for all the shoddy goods they can no longer sell in Europe or the U.S.
Written by: RoyStone, 17 Nov 2011 3:04 PM
From: Australia
Consider this: China has a desperate shortage of big-breasted women, whereas the Dominican Republic has much more that it's fair share. Is there an opportunity here for bi-lateral trade here?
Written by: RoyStone, 17 Nov 2011 3:08 PM
From: Australia
Adrian29630,
Yeah, I used to think that "Chinese Junk" was a type of boat.
Now I know is what you can buy in the Colonial Zone as souvenirs of the Dominican Republic.
From: Dominican Republic, Cabrera
RoyStone
That comment is definitely worth a +
Written by: Atabey, 17 Nov 2011 4:58 PM
From: United States, NYC
Written by: RoyStone, 17 Nov 2011 2:10 PM
From: Australia
China exports directly to the world. It does not need the Dominican Republic as a middle-man. Trade is based on reciprocal supply and demand. The Dominican Republic has much demand but little to supply. especially what China is short of."
Countries do invest where deals can be had and CAFTA-DR establishes mechanisms that encourage foreign nations to invest and use these small countries as bridges-platforms- into the richer and more advance markets of NAFTA and the EURO zone.
It can be a win-win outcome.
As China's currency, the Renminbi or Yuan, increases in value versus major currencies, especially the US Dollar, these smaller countries become more attractive for Chinese firms to consider moving some production capacity.
Written by: Yucahu, 17 Nov 2011 10:26 PM
From: United States, Miami
Taiwan is our friend and plus it gives us cash!!!! Peking, show me the money!!
Written by: Atabey, 18 Nov 2011 9:30 AM
From: United States, NYC
Like they did for Costa Rica?
Written by: RoyStone, 18 Nov 2011 10:00 AM
From: Australia
Yucahu, Taiwan needs any friend it can get.
From: United States
Many infrastructure deals signed by Chinese firms mandate that the majority of labor for the project must be Chinese, precluding Africans from fully benefitting from the inflow of Chinese investment. This deprives locals of jobs and fosters discontent, as workers cannot reap the expected benefits of the influx of new projects.
The limited employment opportunities for African workers have also become synonymous with bad working conditions, low pay, or abusive practices. Managers exploiting the cheap labor available in African nations have reportedly dishonored pay contracts and prohibited unions and protests, both of which are actions that reveal a disregard for the rights of workers. In recent years, numerous examples of poor worker treatment have surfaced. Last year, Chinese coal mine managers in Sinazongwe, Zambia shot and wounded 11 of their local employees during a protest about pay and working conditions, putting Zambian politicians under intense public pressure to shut down.
From: United States
what says the resident authority on international affairs, Mr Atabey, on such reportings? how about the fact that with an undervalued Chinese currency, the African are at a disadvantage in the finances of trade? there are over a million chinese living in Africa, setting up businesses, and reaping the benefits of Africa. how many africans are businessmen in China? how about the ever expanding trade deficit between Africa and China, as China uses Africa as a dumping ground for its cheap products? it is not as pretty as it looks on the surface. besides, China is in Africa for two things...oil, and strategic minerals. we have neither here.
Written by: RoyStone, 18 Nov 2011 8:45 PM
From: Australia
Dready,
I have already said what China is short of and what the Dominican Republic has in abundance. Perhaps you thought I was joking, but I wasn't.
Written by: Atabey, 20 Nov 2011 11:18 AM
From: United States, NYC
Roy,
China has a ready supply of such "largess" from their supply network in Mother Russia. Don't get me wrong, the trade would mutually benefit both sides. :)
As for the Dready: Well if you think that China's currency will for ever be undervalued, you have a point; but that's not in the cards.
Written by: RoyStone, 20 Nov 2011 11:27 AM
From: Australia
Atabey,
Yes I can vouch for the quality of the Russian product from personal experience. However some prefer chocolate or coffee to vanilla. After exhaustive testing I have settled on the top-quality Dominican product myself.
Written by: RoyStone, 20 Nov 2011 11:29 AM
From: Australia
As for currencies, I can't understand it. It seems whenever the American Dollar or the Euro is in trouble, the Aussie Dollar goes down!
From: United States
says Atabey
As for the Dready: Well if you think that China's currency will for ever be undervalued, you have a point; but that's not in the cards
that is not in the cards, says he. sadly, he does not offer an explanation of his prognosis. what else is new?
From: United States
says Atabey
As for the Dready: Well if you think that China's currency will for ever be undervalued, you have a point; but that's not in the cards
that is not in the cards, says he. sadly, he does not offer an explanation of his prognosis. what else is new?
Written by: Atabey, 20 Nov 2011 4:04 PM
From: United States, NYC
Average Rates
http://www.x-rates.com/d/CNY/USD/hist2011.htmlyear
2000 - Chinese Yuans to 1 USD (invert)
January
8.27922 CNY (20 days average)
December
8.27715 CNY (20 days average)
Year
2005-Chinese Yuans to 1 USD (invert)
January
8.2765 CNY (20 days average)
December
8.07556 CNY (22 days average)
Year
2010- Chinese Yuans to 1 USD (invert)
January
6.82705 CNY (20 days average)
December
6.64692 CNY (23 days average)
Year
2011 - Chinese Yuans to 1 USD (invert)
January
6.59733 CNY (20 days average)
November
6.34921 CNY (14 days average)
Notice anything Dready?
From: United States
yes, i noticed that you are a moron. you give me a list of ONE exchange rate. the rate is a rate against OTHER currencies. now, if you really want to appear intelligent, give me a list of the movements of other currencies, so we can see if the RELATIVITY remains constant. jeez, man, do i have to teach you everything?
Written by: Atabey, 21 Nov 2011 2:20 PM
From: United States, NYC
I'm so sorry Dready, I thought the Yuan Dollar exchange WAS SUFFICIENT to call into question your non-sense. Well, and here I thought that the World Reserve Quality Status of the US dollar was a major deal in World finance.
Bone up Dready the cracks below you are getting wider. :)
From: United States
again, this is a subject which i will not argue with you, because it is a little beyond the scope of your limited understanding. if you really believe that the change of a percantage point is significant to alter the balance of payments when we are dealing in massive amounts, then knock yourself out. trade is a two way arrangement...naaah..let me not waste the time.
Written by: Atabey, 21 Nov 2011 10:14 PM
From: United States, NYC
From 8 Yuans to the Dollar to 6 Yuans means an appreciation of 25%! Dready. Yes, it took ten years but the trends, Man. You are remember the Trends Man after all. :)
DR is one of the last holdouts in Latin America and at some point will need to make the switch because Nations have interests not friends.
From: United States
Ask the Africans about how those big Chinese investments are working out."
AC,
like it or not Big China has been in play for well over 30 years and it's about time DR smelled the coffee. Nations have interests, not friends. The USA, Euro, Israel, Japan, Australia, India, Brazil and practically every country in the world has established diplomatic relations withe the Colossus from the East. Why shouldn't DR? China could use the DR as an export base to supply the huge NAFTA market? Why would this NOT be advantageous for DR's development?
I’m not worried about the DR. becoming a dangerous super.
Yeah, I used to think that "Chinese Junk" was a type of boat.
Now I know is what you can buy in the Colonial Zone as souvenirs of the Dominican Republic.
That comment is definitely worth a +
From: Australia
China exports directly to the world. It does not need the Dominican Republic as a middle-man. Trade is based on reciprocal supply and demand. The Dominican Republic has much demand but little to supply. especially what China is short of."
Countries do invest where deals can be had and CAFTA-DR establishes mechanisms that encourage foreign nations to invest and use these small countries as bridges-platforms- into the richer and more advance markets of NAFTA and the EURO zone.
It can be a win-win outcome.
As China's currency, the Renminbi or Yuan, increases in value versus major currencies, especially the US Dollar, these smaller countries become more attractive for Chinese firms to consider moving some production capacity.
The limited employment opportunities for African workers have also become synonymous with bad working conditions, low pay, or abusive practices. Managers exploiting the cheap labor available in African nations have reportedly dishonored pay contracts and prohibited unions and protests, both of which are actions that reveal a disregard for the rights of workers. In recent years, numerous examples of poor worker treatment have surfaced. Last year, Chinese coal mine managers in Sinazongwe, Zambia shot and wounded 11 of their local employees during a protest about pay and working conditions, putting Zambian politicians under intense public pressure to shut down.
I have already said what China is short of and what the Dominican Republic has in abundance. Perhaps you thought I was joking, but I wasn't.
China has a ready supply of such "largess" from their supply network in Mother Russia. Don't get me wrong, the trade would mutually benefit both sides. :)
As for the Dready: Well if you think that China's currency will for ever be undervalued, you have a point; but that's not in the cards.
Yes I can vouch for the quality of the Russian product from personal experience. However some prefer chocolate or coffee to vanilla. After exhaustive testing I have settled on the top-quality Dominican product myself.
As for the Dready: Well if you think that China's currency will for ever be undervalued, you have a point; but that's not in the cards
that is not in the cards, says he. sadly, he does not offer an explanation of his prognosis. what else is new?
As for the Dready: Well if you think that China's currency will for ever be undervalued, you have a point; but that's not in the cards
that is not in the cards, says he. sadly, he does not offer an explanation of his prognosis. what else is new?
http://www.x-rates.com/d/CNY/USD/hist2011.html
year
2000 - Chinese Yuans to 1 USD (invert)
January
8.27922 CNY (20 days average)
December
8.27715 CNY (20 days average)
Year
2005-Chinese Yuans to 1 USD (invert)
January
8.2765 CNY (20 days average)
December
8.07556 CNY (22 days average)
Year
2010- Chinese Yuans to 1 USD (invert)
January
6.82705 CNY (20 days average)
December
6.64692 CNY (23 days average)
Year
2011 - Chinese Yuans to 1 USD (invert)
January
6.59733 CNY (20 days average)
November
6.34921 CNY (14 days average)
Notice anything Dready?
Bone up Dready the cracks below you are getting wider. :)