Cuban imports from China reached a record US$ 1.9 billion in 2015, nearly 60 percent above the annual average of the previous decade, and were at US$ 1.8 billion in 2016 as the flow of oil and cash slowed from Venezuela due to economic and political turmoil in the South American country.China's growing presence gives its companies a head start over U.S. competitors in Cuba's opening market. China, the world's second largest economy, sells goods to Cuba on soft credit terms. It is Cuba's largest creditor and debt is regularly restructured, though amounts and terms are considered state secrets.While Cuba does not publish investment data, Cuba's press has lately been full of news of Chinese projects covering infrastructure, telecoms, tourism and electronics eg.Yutong (600066.SS) buses, Sinotruk (3808.HK) trucks, YTO (600233.SS) tractors, Geely (0175.HK) cars, Haier (1169.HK) domestic appliances and other products.