FRIDAY, APRIL 13: A bid to drum up business in the economic powerhouse of China is underway, the Bermuda Sun can reveal.
Tourism and Business Development Minister Wayne Furbert jetted off on a whistlestop tour of Shanghai and Beijing in a bid to drum up business from the booming Asian giant.
Mr Furbert said: “There’s no doubt that China is a significant player in the world economy right now; because Bermuda is an offshore financial centre on this side of the Atlantic, very close to the US and with access to Europe, we decided we would go there and highlight the island.
“I’m wearing my business development hat rather than my tourism hat, but we will talk about tourism as well and how we can attract visitors to this side of the world. China has done significant business in the Bahamas and other islands to the south but to date we’ve not had a major relationship with it.”
Mr Furbert said he was working with Business Bermuda to help drum up Chinese investment and “bring a game changer to our lovely island”.
He added that he would also be visiting London, to speak at a conference for top businessmen and meet managers of the biggest hedge funds in the British capital.