MercoPress, en Español
Get our news on your inbox! Suscribe x
Montevideo, May 25th 2019 - 09:28 UTC
Victory Front pushes forward with two projects aimed at reshaping the scenario in view of next year's presidential campaign. Read full article
Let's be fair. Argieland loves imperialism and colonialism. In this scenario we can see argieland voting to be part of the Chinese empire so it can be colonised. How much of argieland does China own? Roads, railways, tunnels, oil fields, farmland! Argieland can't afford to repay a tiny US$100 billion debt. How will it repay the Chinese debt? Still, it's easier to build bicycles and grow rice!
The Chinese companies get preferential treatment in infrastructure, mining, agro, and industrial projects with out by passing over call for bids. This was done in the 90s and it ended up with massive corruption cases. They get to bring their own folk at will and they will end up having their enclaves. They don’t produce local jobs as much as western investments do.
“we have not seen such unfavourable conditions for the country since the Roca-Runciman pact.”
The “pact” is added to make it sound as a conspiracy it was just a standard treaty for the time and Argentina at least got what it needed at the time a fixed rate of beef to be exported to the British markets over Commonwealth producers.
This is far worse and more draconian by any standards. This will only widen the trade deficit with China over time and increase debt.
Still, I think the Chinese don’t understand Argentine mentality; they will grow suspicious and wanting them out so they will have to do a lot of bribing to stay doing business in Argentina.
“we are now facing a new style of imperialism for the 21st century,”
If you liked occidental imperialism - you are going to just love it oriental style. lol
Commenting for this story is now closed.If you have a Facebook account, become a fan and comment on our Facebook Page!
Get our news on your inbox!