Hu Jintao, chinesse presidentAnd again China comes to the rescue in the economic trouble Costa Rica gets into, apparently a total of $300 million in internal debt bonds were purchased by China as part of agreements to open diplomatic relations, after San Jose in broke 60 years of relations with Taiwan.

 

Don’t get me wrong, these are great news for Costa Rica, San Jose especially since most of the benefits will be going to that province. At this moment there are hundreds of Chinese workers living in San Jose temporarily to begin the construction of the Estadio Nacional in La Sabana. Also, China helped built the long boulevard that goes all the way trough San Jose downtown and will develop some sort of China town in Costa Rica near the Paseo Estudiantes, where there are already several Chinese stores and restaurants.

 

I actually think a China town is necessary anywhere in the world: the culture is colorful and the food is amazing, so Costa Rica is winning with that inclusion; another thing is that San Jose was becoming a dark, smelly and boring place and after all these changes take place the view of the Costa Rica capital city will improve a lot and it will no longer be the hideous place it was a few years ago. Another positive thing is that with the free trade agreement Costa RicaChina will mean that a lot of more products will be accessible to low income families and that is always a plus.