MercoPress. South Atlantic News Agency
Argentina's comprehensive strategic (and vital) association with China
Argentina and China entered a new phase of their relationship in July last year after upgrading it to a “comprehensive strategic association” and signing a battery of agreements, which include a 4.7 billion investment in hydroelectric dams, 2.09 billion in the renovation of the rail system and an 11 billion currency swap. Read full article
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Disclaimer & comment rulesThank God Argentina has managed to completely liberate itself from European exploitation. LOL.
Jan 10th, 2015 - 10:03 am - Link - Report abuse 0Yep.....Goodbye Argentina.....
Jan 10th, 2015 - 10:57 am - Link - Report abuse 0http://buenosairesherald.com/article/178717/argentine-pundits-sound-alarm-over-economic-accord-with-
If China ever gets paid back they'll be making a fortune in interest and late payments.
Jan 10th, 2015 - 11:48 am - Link - Report abuse 0Austral Elvis is hawking an 18% return on the re-float of the bonds issue that flopped last month.
Yes 18%
It is unsustainable and will end in tragedy for the Argentine people.
But they're stupid an apathetic concerning their future so who really cares....
That glass of wine or whatever may well be the most expensive conn ever,
Jan 10th, 2015 - 12:25 pm - Link - Report abuse 0and CFK will surely pay the price of stupidity..
There is no cure for stupidity, and is seems CFK fell out of the stupid tree and hit every branch on the way down. Chinese are like vampires, once you have invited them in you need an exorcism to get them out.
Jan 10th, 2015 - 12:58 pm - Link - Report abuse 0Argentina sells its soul and heritage for money!
Jan 10th, 2015 - 01:14 pm - Link - Report abuse 0Argentinians are not a smart people.
Jan 10th, 2015 - 01:37 pm - Link - Report abuse 0Just like us they should be able to see collapsing society and economy in Venezuela, they're just a few steps in front of Argentina, The Ks have been following the V playbook for a decade yet instead of retreating and coming up with a known path that works they are following V into anarchy, starvation and collapse.
It is disgusting.
Remember be joking ( not really) telling the Kidiots to buy laundry detergent? Well, its out in Venezuela and people haven't been able to find any for 15 days!
http://www.bloomberg.com/news/2015-01-09/venezuelans-throng-grocery-stores-on-military-protection-order.html
This anarchy is the fitting end to a corrupted ideology.
KFC serves up Chinese takeway for Xi Jinping !
Jan 10th, 2015 - 03:06 pm - Link - Report abuse 0Reminds me of younger days, out in a bar, picking some cutie up and then jumping in bed. Always feels like a conquest at the time.
Jan 10th, 2015 - 04:08 pm - Link - Report abuse 0Then.....
Morning arrives, hungover and sobriety sets in.. Suddenly that “OH SHIT ” moment arrives when you rollover see what you thought was a beauty the night before.
It will with Argentina and SA as well.
@9 Well if you are going to do that, you may as well do it in Argentina.
Jan 10th, 2015 - 04:41 pm - Link - Report abuse 0At least you have a much better chance of waking up with a good looking girl than anywhere else in the world.
If you have seen a few guys from the FI's with only one arm it is not from a landmine. They chewed off their own arm, just so they wouldn't wake it up!
@10
Jan 10th, 2015 - 04:45 pm - Link - Report abuse 0Yes most of them Argies.
Its happening in Africa too, Chinese government sponsored “investment”. Insidious colonialism on a colossal scale. Be very afraid (long term). They have too many people who have to go somewhere. Its all part of a master plan to rule the (3rd) world.
Jan 10th, 2015 - 05:18 pm - Link - Report abuse 010. That's a myth,
Jan 10th, 2015 - 05:47 pm - Link - Report abuse 0https://www.youtube.com/watch?v=nj8GvHyzJqI&list=UUrcICezFO54dwG7YGVcBWOA
Not so pretty on the windy dirty beach of MDP.
“In exchange, China is also loaned Argentine pesos, which can be used in bilateral foreign trade or exchanged for other currencies.”
Jan 10th, 2015 - 06:02 pm - Link - Report abuse 0That's good news?
Why do Argentinians try to get hold of $s?
There are some very lovely Argentine female, as long as they are under 40 YO and have kept out of the sun.
Jan 10th, 2015 - 06:02 pm - Link - Report abuse 0So often you see the back of a female in PdelE and think “nice figure” (or something similar :o) ) and then they turn around and they look like an octogenarian with really bad lined walnut coloured faces.
Believe me, it's not attractive.
I don't get it....Argentina is going to become a Chinese colony......then what are they going to do about it ?? scream for self-determination ?? it's just a matter of time...
Jan 10th, 2015 - 07:05 pm - Link - Report abuse 0Big thing in argentian schools are that kids are learning Chinese....as well they should because when they are old enough to work for the Chin, 7 years old, they will need to be able to communicate with their masters who will be exploiting them.
Jan 10th, 2015 - 07:18 pm - Link - Report abuse 0and then they turn around and they look like an octogenarian with really bad lined walnut coloured faces
Jan 10th, 2015 - 07:42 pm - Link - Report abuse 0makes one wonder which end the Tampa? should be...lol
Hey! On the chinese funded hydro project:
Jan 10th, 2015 - 08:26 pm - Link - Report abuse 0Do Cretina and her perronista cronies get there cut up front from the chinese or do they get it from the contractors or both? What is standard? 5%? 8%? This is the basis for the future debt repudiation by the rotting roadkillians, correct?
Can you still see your reflection after you have sold your soul to the devil, there could be an upside here for CFK
Jan 11th, 2015 - 12:11 am - Link - Report abuse 0These “deals” with China remind me of when big corporations in the USA would make their employees rent their houses from them at above market rate, and shop in the company stores at exorbitant prices, loan them money at usury rates knowing that every year, year in and year out, the employee gets deeper in debt to the boss (company) and are tied without a way out.
Jan 11th, 2015 - 02:18 pm - Link - Report abuse 0Just like Venezuela is now. They're drowning and China gave them an anchor to hold.
That's going back a century to the m in in companies.
Jan 11th, 2015 - 03:15 pm - Link - Report abuse 022. yes but seems like Arg prefers to live in the past.
Jan 11th, 2015 - 03:35 pm - Link - Report abuse 021. sharecropping/coalmining. lol. I like it. Its got a good tune and I can dance to it. Reap it, rotting roadkill! lol
Jan 11th, 2015 - 04:03 pm - Link - Report abuse 0They sure the hell do, especially when it comes to the Falklands, yet on that same coin, they themselves deny the reality that Argentina is the end result of exploration and conquest of the new world. Just as we are in the north.
Jan 11th, 2015 - 04:59 pm - Link - Report abuse 0Another minor diversion here. Did you see they won a decision from ICSID? Buenos Aires Bob was actually praising their decision. How many awards are decided against them?
Argentina abides by no signed and ratified international treaties. The number one reason why it is and will be a pariah state. Until they come in out from the cold, they will never have normal relations with the developed world. China will deserve everything they signed on for. By the end of this year they will start seeing they rewards from their risks and their returns......lol
(ALL THE WAY PAT'S)
@21
Jan 12th, 2015 - 02:30 pm - Link - Report abuse 0China is “loan-sharking” Argentina?
That actually makes sense, in a big scheme sort of way. But that implies that China ultimately isn't interested in getting their money back; they want to control the resources...
They've done the same thing in V. The one more than 1/2 of the oil production for 30+ yrs.
Jan 12th, 2015 - 03:49 pm - Link - Report abuse 0The MS are just too stupid to realize what's happening. Plus they font care about the next generstion, never have and never will.
That's why they get poorer and dumber with every new generation.
It is too quiet. I am thinking the electricity is out in a few provinces in Argentina.
Jan 12th, 2015 - 04:38 pm - Link - Report abuse 0I understand that when the Chinese set up shop in Africa at a mine or oilfield, they will razor wire off the entire compound. Bring in their own people, and the locals have no insight in what is being done at the complex. The Chinese provide their own security and deal with any problems themselves. Local officials have little control or knowledge of what is being extracted, and if any local official tries to exert more control the Chinese will either pay him off or see to it that he is replaced with a more pliable person...
Jan 12th, 2015 - 05:11 pm - Link - Report abuse 028. Lots of people without power in BA and GBA.
Jan 12th, 2015 - 11:13 pm - Link - Report abuse 0Lots
and its almost 100F
It is such a miserable place
YPF is down again, boy oh boy did the Ks over pay for that dog.
PBR is down too, they may need a gov't bailout
tee hee
“Experts warn preliminary agreement violates local legislation by including a clause transfer Chinese manpower for infrastructure works”
Jan 13th, 2015 - 02:37 am - Link - Report abuse 0Uh oh, “Aryentina” c. paul cedron, look out!
China got booted out of Canada for trying the same thing.
There was a public hue and cry and so the Government protected its own citizens first.
If you like russian engineering - you are going to absolutely LOVE chinese civil engineering. It's one thing for an appliance or car to konk out but when a dam or a bridge fails - it's just S P E C T A C U L A R .
Jan 13th, 2015 - 08:31 pm - Link - Report abuse 0Chinese pour billions into Argentina. Investments much too volatile for me. They see returns most of us don't. Good luck.
Jan 13th, 2015 - 09:25 pm - Link - Report abuse 0@33 commonsparrow
Jan 14th, 2015 - 12:29 pm - Link - Report abuse 0The Chinese don't see returns. They just know that they'll go in and take everything, and no one in Argentina can stop them.
In the meantime, Argentina will continue to p!ss off the USA, the UK, NATO etc..., so when the Chinese bailiffs turn up to take all of Argentina's natural resources no one will be there to help them.
It has already started, but the K scum and Peronista's are too stupid to realise this. First it will be Chinese companies being treated like embassies - as in considered Chinese land. Then the Chinese will move their own workforce in place, no jobs for Argentines, and ALL of the profits will go straight back to China - NONE will stay in Argentina at all.
There is a saying: A fool and his money are soon parted.
Argentina might just make a new saying: A fool and his country are soon parted.
One day Argentines will wake up and realise that they are living in the Chinese Province of Argentina. They'll be 3rd class citizens in what was once their country.
But on the bright side, it's doubtful that the Chinese could run Argentina any worse then the muppets, crooks and idiots that they keep voting in at present.
Pablo
Jan 14th, 2015 - 06:41 pm - Link - Report abuse 0TTT
Axel
Think and Easter Bunny etc.
Forget about your Vaca Muerta reserves - they all belong to the Chinese now.
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