Chinese businesses in Jamaica favour cash transactions, attract criminal attention

Chinese entrepreneurs can be found across the Caribbean region

Chinese business operators in Jamaica are being targeted for robbery by criminals on the island because of what the country’s Financial Investigations Division (FID) says is their known proclivity for conducting significant business transactions with cash.

The Jamaica Observer of Wednesday July 24 quoted FID Chief Technical Officer Justin Felice as saying that the reported targeting of Chinese business operators by criminals “is directly related to the reluctance of some members of the community to use the banking system.” The Jamaican FID official said Chinese businessmen “drive around with cash. When they go to the wharves they pay with cash.

Why? Because they don’t use the banking system… They don’t want to do that