Argentina’s economic relationship with China has become increasingly important, with growing trade highlighted by increasing Argentine beef exports, points out the English language China Daily. Something which to a certain point is surprising, given the electoral campaign speeches of president Javier Milei, condemning all authoritarian regimes.
After a day of good news following the Senate's broad approval of the Bases Law bill in addition to an arrangement with China to extend the currency swap in force, Argentine President Javier Milei and his entourage left for Borgo Egnazia, Italy, to attend the G7 Summit, during which he plans to hold talks with Prime Minister Giorgia Meloni, French President Emmanuel Macron and International Monetary Fund (IMF) Managing Director Kristalina Georgieva, among other world leaders.
Foreign Ministers Wang Yi of China and Mauro Vieira of Brazil discussed their countries' joint proposal for peace in Ukraine while attending a BRICS ministerial meeting in Nizhny Novgorod, Russia.
Vice Presidents Han Zheng of China and Geraldo Alckmin of Brazil discussed strengthening strategic coordination while co-chairing the seventh China-Brazil High-Level Coordination and Cooperation Committee (COSBAN) meeting in Beijing.
US Southern Command (Southcom) Chief General Laura Richardson warned during her appearance Thursday at the Ninth Hemispheric Security Conference (HSC) at the Florida International University (FIU) Miami campus, organized by the Jack D. Gordon Institute for Public Policy together with the Taeda Foundation that China's growing influence in building critical infrastructure in Latin America had raised security concerns. In addition, the region hardly benefits from the resources that China extracts, the four-star general stressed.
Argentine Foreign Minister Diana Mondino took heavy social media flak Thursday after her remarks in a newspaper interview that all Chinese people looked the same. Therefore nobody could know whether or not the staff at the controversial base in the Neuquén province were scientists.
Although Argentine Foreign Minister Diana Mondino had the near-impossible task of putting her country on good terms with China despite President Javier Milei's disparaging campaign comments, some common ground was reached this week as the South American diplomat reaffirmed the one-China principle and Beijing backed Argentina's claim to the Falkland/Malvinas Islands.
Trade between China and Latin American countries surpassed US$ 480 billion in 2023, compared to a mere US$ 14 billion back in 2000, based on data from the Customs Administration of the People’s Republic of China (AGA) and the UN Economic Commission for Latin America and the Caribbean, ECLAC.
Argentine Foreign Minister Diana Mondino is on a crusade in China to discuss bilateral issues with an economic giant with whom President Javier Milei had pledged during his campaign that he wanted no ties. “Not only will I not do business with China, I will not do business with any communist,” Milei announced repeatedly on his way to Casa Rosada.
China Construction Bank (Asia), a state owned financial institution filed a petition in Hong Kong to wind up the Shamao Group, after the Chinese real estate and construction developer failed to repay loans worth HK$1.58bn (US$ 201.8m; £159.7m).