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Cuban authorities are implementing an unprecedented package of reforms, which largely expands the participation of the local private initiatives in Cuban economy. Private companies can now operate in areas that were previously restricted for state. The move takes place amidst a severe economic crisis linked to punitive U.S. sanctions.
CGTN’s Luis Chirino reports from Havana.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.
Cuban authorities are implementing an unprecedented package of reforms, which largely expands the participation of the local private initiatives in Cuban economy. Private companies can now operate in areas that were previously restricted for state. The move takes place amidst a severe economic crisis linked to punitive U.S. sanctions.
CGTN’s Luis Chirino reports from Havana.
For more, check out our exclusive content on CGTN Now and subscribe to our weekly newsletter, The China Report.