Argentina's ** Mi Sword Plan More than two weeks after taking office, Lehlai has successively released some so-called big moves, but these measures have not led the country out of the crisis, but have created a series of new troubles. For example:A series of restrictions on the sharp depreciation of the national currency and the lifting of restrictions on the foreign exchange market have led to a surge in prices in Argentina and an economic emergency in 11 provinces.
There is civil turmoil in Argentina).
Immediately afterwards, Argentina** announced that the country's energy sector would enter a state of emergency, reduce energy and transportation subsidies, and allow energy **to compete according to free market conditions**.
As we said earlier, Milley is in shock with the Argentine economy. Therefore, the main purpose of this series of economic policies adopted internally is to reverse the fiscal deficit, and externally, Argentina still owes a large amount of debt to the International Monetary Organization to repay, and Millet thinks of borrowing money from China.
It is reported that Milley made two demands to the Chinese sideFirst, it hopes to sign a currency swap agreement with China to increase the amount of the swap, and second, it hopes that China will immediately allocate the equivalent of US$5 billion to Argentina for emergency debt repayment.
However, Milley's calculation has been temporarily disappointed, according to foreign media reportsChina has shelved a currency swap agreement between the central banks of China and Argentina that is about $6.5 billion.
In fact, it is not surprising that China will make this decision, firstly, this swap agreement is negotiated between China and the previous Fernandez **, and secondly, although the "central bank currency swap agreement" between China and Argentina is based on the credit of the two countries and is not affected by the commercial exchange rate, it is difficult to say whether it is Milley himself or Argentina ** under his leadership.
Moreover,Milley's attitude towards China, either during the election campaign or after his victory, was anything but friendlyFor example, Diana Mondino, the chief appointed by Milley, claimed before taking office that Argentina would not join the BRICS. In his inaugural speech, Milley repeatedly said that he would not promote relations with Brazil, China and Russia, but only claimed that he would not prevent private companies from doing business with China, Russia and Brazil.
In contrast, Milley's attitude towards the United States is much warmer, he visited the United States as soon as he won the election, and even publicly announced that he would believe in Judaism, Milley's high-profile and humble performance is obviously to win Biden's support, but unfortunately the result is a hot face and a cold ass, Biden doesn't even see Milley's face, and the level of the United States to receive him is also very low, and the United States has always wanted the United States to help win the International Monetary Organization's aid to Argentina, so it can't be done.
Therefore, Argentina's choice now is more like choosing to ask China for help after the United States has been closed to the United States, and it is necessary for China to think about it for a while, so *** said,China's consistent principled position is to insist on cooperation with Argentina on the basis of equality and mutual benefit, rather than us trying to unconditionally help Argentina in the end.
**Spokesperson Wang Wenbin).
AbsolutelyChina's shelving of the currency swap agreement does not mean that China has given up its relations with Argentina, and China has always been willing to support the development of developing countriesNaturally, it also includes providing all kinds of assistance within our capabilities, but we also have to look at the specific situation of the country being helped. We believe in down-to-earth, joint development, and win-win cooperation. If Argentina wants to cooperate with China, it must at least come up with actions to attract China, and it will depend on what "package" Milley can come up with, but according to Milley's style, there may be more magical parts next.