Soon after taking office, Milley sent a letter to the Chinese top brass, asking for permission for the two countries to proceedCurrency swapsand expand on what was agreed with the Chinese side in the previous sessionCurrency swap agreements。The background to this request is the official introduction of a law known as "shock**" in Argentina**Economypolicy, causedArgentine pesoSignificant depreciation. Milley hopes to pass with China'sCurrency swapsto alleviate the current oneEconomyPlight.
However, many questioned Milley's request. At the inauguration ceremony, he said that he did not intend to cooperate with China, but when meeting with the Chinese special envoy, he expressed his willingness to promote economic and trade cooperation between the two countries. This capricious attitude makes it hard to believe that he is a reliable partner. Despite this, Argentina** is facingEconomySeeking China's support in times of crisis remains a viable option.
Currency swap agreementsIn fact, it refers to Argentina through foreign exchangeSwapsto borrow a sum from the People's Bank of ChinaRMBloans, which are then returned within the agreed periodRMBandInterest。Such an agreement will not only help to ease Argentina'sEconomypressure, can also promote exchanges and cooperation between the two countries in the economic and trade fields. Argentina is a resource-rich country, and it is not difficult to solve the debt problem by repaying it.
Some people also believe that Milley's move is actually to ensure his own stability. In the past few sessions** could not be resolvedEconomyIn this case, the trust of the Argentine people in ** has fallen to the lowest point. Milley hopes to improve domestic affairs through cooperation with ChinaEconomysituation to stabilize the mood of the people and the order of society.
Although there are certain risks and uncertainties in this request of Milley, in the long run, it is not necessary to have a problem with China'sEconomyCooperation is good for Argentina. The Chinese side expressed its willingness to further promote exchanges and cooperation between the two countries in the economic, trade, people-to-people and cultural fields, which provides Argentina with a new opportunity. of both sidesEconomyThe complementarity is very strong, and China has a strong support capacity in terms of technology, capital and market, which can be for ArgentinaEconomyDevelopment injects new impetus.
At the inauguration, Milley declared that he would give him 20 years and that Argentina would become Italy;Give him 35 years and Argentina will become the United States. Such rhetoric undoubtedly shows Milley's ambition and confidence in the future of his country. However, Argentina as aPoliticsEconomyCountries with uneven systems face many challenges before they can achieve this goal.
First of all, Argentina is currently facing a serious situationEconomyCrisis. The depreciation of the peso and the problem of inflation have made life more and more difficult for the peopleEconomyThe instability has also led to a loss of investor confidence in Argentina. Milley needs to take effective measures to revive the countryEconomyto attract investment and increase employment opportunities.
Second, Argentina** needs to address the gap between rich and poor. For a long time, the unequal distribution of income in Argentina has led to escalating social contradictions, and class antagonism and discontent have gradually intensified. Milley needs to develop policies to reduce poverty, improve people's living standards, and narrow the gap between rich and poor in society.
In addition, Milley needs to pushPoliticsInstitutional reform. ArgentinePoliticsThere has always been a problem of corruption in the system, the decision-making efficiency of the first class is low, and the system construction is not perfect. Milley needs to intensify the fight against corruption and pushPoliticsThe reform of the system has enhanced the decision-making ability of the countryExecution
To sum up, Milley's ambitions and challenges coexist. He's facingEconomySeeking cooperation with China is a positive step in a difficult situation. However, he still has many difficulties and obstacles to overcome in order to achieve the goals he promised to the people of the country. Only by stabilizing the countryEconomy, improve social welfare, and promotePoliticsReforms and other measures can lay a solid foundation for Argentina's sustainable development.