Macri targets Chinese tourists; no need of a visa to visit Argentina

Monday, September 5th 2016 - 09:09 UTC

Full article 3 comments

Argentine president Mauricio Macri announced in China that besides boosting and balancing bilateral trade and confirming the infrastructure and energy deals reached by his predecessor, Chinese tourists will no longer need visas to visit Argentina. Read full article

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ChrisR
The way things are going Argentina will be a province of China in the next 25 years!
Sep 05th, 2016 - 05:30 pm - Link - Report abuse 0
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FitzRoy
@1: “Argentina will give Argentina to China within the next 25 years”! Oh, Hepatia, thank you so much for that line! :-)
Sep 05th, 2016 - 06:10 pm - Link - Report abuse 0
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Marti Llazo
Remember that old saw from reekie and company about how CFK managed Argentina so well and left office with no foreign debt? One of the favourite Peonist I mean Peronist myths.

Big loans from China during the CFK regime.

2010 China loan of US$10 billion at quite the price: LIBOR plus 600 basis points.

Wasn't there about US$7.5 billion in loans from China to Argentina in 2014?

2013: Argentina had a US$5.8 billion trade deficit with China under the CFK regime. That's a 20 percent increase over the previous year. Splendid economic management. She should get a prize.

When CFK came to office Argentina's foreign debt was about US$109 billion in “confessed” debt. There was another US$8 billion or so that Cristina tried to pretend didn't exist. You know how well that works out. By the end of her reign the unconfessed portion of foreign debt had grown to nearly US$20 billion and the total foreign debt at the end of her government was about US$180 billion. But the Peronistas still tell one another that CFK left office with almost no foreign debt.
Sep 06th, 2016 - 03:08 am - Link - Report abuse 0
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