MercoPress. South Atlantic News Agency
Argentina's dispute with holdouts “will not affect” Chinese investments, says Beijing
The current legal dispute between Argentina and holdouts (“vulture funds”) suing the country over its defaulted bonds “will not affect” planned Chinese investments, since Argentina and China have a 'strategic association', the head of the National Commission of Development and Reform (CNDR) of China Xu Shaoshi, warned on Wednesday. Read full article
Comments
Disclaimer & comment rulesrotting roadkill/chinese reactors? lol.
Sep 04th, 2014 - 08:27 am - Link - Report abuse 0So China is lending them $2 billion to be spent on Chinese products and services?
Sep 04th, 2014 - 09:05 am - Link - Report abuse 0Sounds awesome. Win win for the Chinese. Again. ..
Translation:
Sep 04th, 2014 - 09:15 am - Link - Report abuse 0As long as well can milk Argentina for their food, oil and whatever natural resources we need for China, we will continue to through bones to out eastern most province...er,.......I mean Argentina.
3
Sep 04th, 2014 - 09:20 am - Link - Report abuse 0...and what's wrong with that...?
I never hear anyone complaining when they get an in-store Gift Card....
What is the alternative...no power station and no means to build one....
....power stations do also generate power...(money)...
signing a contract with china and being paid it are two different points. wait until it comes to the chapter “default”.
Sep 04th, 2014 - 09:35 am - Link - Report abuse 0China will give CFK a great big POLO,
Sep 04th, 2014 - 10:10 am - Link - Report abuse 0yes a polo, you know the one with a great big hole in it...lol
This is a re-hash of the deal they announced a few weeks ago. It won't do anything to solve the cash crunch BCRA is having.
Sep 04th, 2014 - 10:49 am - Link - Report abuse 0My guess it won't even come to fruition. Soy is becoming unprofitable to farm in Argentina, O/G exports if they even exist are a decade away.
I wonder what will happen if Argentina starts expropriating Chinese investment vehicles and businesses?
Sep 04th, 2014 - 11:09 am - Link - Report abuse 0Not that they would be stupid enough to try it, next time they run out of other people's money, would they?
Surely not!
8. I was reading an article last week saying China has lots and lots of Soy stored. I guess too much and they've overpaid for it.
Sep 04th, 2014 - 11:41 am - Link - Report abuse 0Also Monsanto is very concerned about getting paid next year from Argentina.
I think the Ks have finally destroyed the only 2 products that brought them U$. Cars and Soy.
Now what?
I don;t think kirchner has the balls to take a Chinese business. I find it funny that they waived sovereignty for money from the Chinese.......BFD!.....They did with the debt that's now in the courts.
Sep 04th, 2014 - 11:56 am - Link - Report abuse 0Just wait for the real show to start when the CHin says.....jump RG...jump......“how high massa ....how high?” responds the kirchnerites.
Anyway....they real will be how the Chin responds to their economy and how that response will play out in Argentina.
http://www.reuters.com/article/2014/09/01/us-china-economy-pmi-offcial-idUSKBN0GW13820140901
I now see why the Chin are rebuilding the old Russian aircraft carrier: it's for 'Trade Missions': enforcing them anyway.
Sep 04th, 2014 - 12:06 pm - Link - Report abuse 0Is it me or does the Chinese guy look like an argie in that photo? He needs to be careful, too much associating with argie can transform people into peculiar characters, ask Gollum.
10. For decades the Chinese Gov't has bought the silence of the proletariat with ever increasing jobs and wealth.
Sep 04th, 2014 - 01:05 pm - Link - Report abuse 0That ended years ago.
They are no longer expanding, they are no longer increasing salaries or wealth.
When the property market bursts it will take 3 generations of wealth with it.
When exports to the USA slow because we are meeting our own demand all they will have left is a polluted country with 100s of millions of peasants making u$1/day.
There will be a revolution.
It is inevitable.
“The complex will be built in Lima town, Buenos Aires province.”
Sep 04th, 2014 - 02:38 pm - Link - Report abuse 0Good, well away from the Falkland Islands
#12 I also think that HK will be their Poland. The people there are not responding well to the hand picked candidates from China. You can only repress people for so long before they burst.
Sep 04th, 2014 - 04:15 pm - Link - Report abuse 0Doesn't HK buy more good from China than we do?
Sep 04th, 2014 - 04:23 pm - Link - Report abuse 0Yeah sure they do.
I think China's numbers would make Indec look accurate.
@12
Sep 04th, 2014 - 08:20 pm - Link - Report abuse 0Yeah those empty cities they built that are already deteriorating without inhabitants are going to be a total loss.
When your only hope is the benevolence and charity of the Chinese, you are well and truly fucked!
Sep 04th, 2014 - 09:38 pm - Link - Report abuse 0Can China send its military? Because Cristina scrapped that to finance Nestor's habit for the white powder and to make sure she doesn't get thrown out for stunts like the 2011 exchange controls....which are still in place. So I wonder if china can maintain its food supplies when in 2001 there were hijackings of food...people were hungry. And the welfare state is gigantic in comparison.
Sep 05th, 2014 - 03:35 am - Link - Report abuse 0Argentina will become a gigantic Chinese Farm. Crass-tina has sold the country done the river.
Sep 05th, 2014 - 09:16 pm - Link - Report abuse 0This is the End of Argentina as a viable State.
@20 Without a Marshall Plan there was no way Argentina would ever be a viable state. Since Peron´s death all the Peronists wanted was a benefactor which would foot the bill for welfare policies and the corrupt mafia who is running the country, and that definitely wouldn´t be the US but Russia or China. It looks China will take over.
Sep 06th, 2014 - 01:18 pm - Link - Report abuse 0“Jesucristo decide apartarse de ritos ancestrales, de ritos que llevaban miles de años para festejar las Pascuas y decide lavarles los pies a sus discípulos para expresar la vocación de servicio, la vocación de humildad, la necesidad de servir a los excluidos, a los pobres y a los que menos tienen, se atrevió a cambiar las reglas preestablecidas. Y eso es lo que nosotros hemos hecho en estos años.” Cristina, may 25th 2014 Cristina is the second Jewish president of Argentina.
Sep 06th, 2014 - 03:42 pm - Link - Report abuse 0Remember me saying that China would buy up weak countries the whole world over?
Sep 06th, 2014 - 06:51 pm - Link - Report abuse 0'China Buys Up European Assets to Push Back Against U.S. Free Trade Deals'
'China is buying up assets throughout Europe, mostly in the energy and infrastructure sectors. The underlying force driving these investments is geopolitics: namely, Beijing’s desire to push back against two U.S. trade deals on the table with the EU and the Asia-Pacific region.'
(World Politics Review Sept.1-Sept.5, 2014)
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!