Leftist President Xiomara Castro announced last month that she was breaking off diplomatic relations with Taiwan and signing on with China instead.
“Taiwan is a high-value market where our shrimp can sell at almost twice the price of the Chinese market.” View of shrimps ready for their exportation in Choluteca, Honduras on April 4, 2023. “We don’t want them to stop business with Taiwan,” Lorena de Jesus Zelaya, 51, who works in a shrimp packing plant, complained to AFP. The shrimp are farmed in huge artificial ponds using seawater from the nearby Gulf of Fonseca.
The National Aquaculturists Association of Honduras has expressed its concerns in several meetings with authorities.
AFP China will offer billions in loans to poor countries like Honduras which will also fall into a debt trap just like Sri Lanka and many African countries. China wants to collar the Philippines but Filipinos will never allow this to happen! Greedy China!