FT: China frustrated by Cuba’s reluctance to implement market reforms

Chinese officials are disappointed by Havana’s reluctance to implement market reforms amid the country’s economic situation, the Financial Times reports.

The publication cites sources among diplomats and economists.

According to the publication, Beijing publicly supports Cuba’s right to choose its own path of economic development.

However, Chinese officials are privately urging Havana to move to a more market-based economic model, as in China.

According to the newspaper, Chinese officials have been puzzled and frustrated by the Cuban authorities’ reluctance to implement market-oriented reforms in Cuba.

Earlier it was reported that Cuba had submitted an official application for partnership status in BRICS.