Argentina**On his first day in office, Milley made a series of adjustments to Sino-Arab relations, publicly stating that he would "sever contacts" with China and Russia, and described China as an "assassin." This statement disappointed China, so the Chinese side not only did not agree to Milley**'s request to expand the local currency swap, but also suspended the swap agreement with Argentina. A number of Argentine** broke the news that China suspended $6.5 billion worth of purchasesCurrency swap agreements, and put forward a condition that the Chinese side will only reopen the agreement if Milley has made it clear that he wants to engage with the Chinese side. Is this news true?
First of all, I recall some of Milley's remarks during the election campaign, in which he threatened to sever diplomatic relations with China once elected, and spared no effort to belittle Sino-Arab exchanges. Although the former was refuted after being elected, the authorities did state that they would not joinGold Bricksstate organization, which shows that Milley's diplomatic line is not consistent with Chinese cooperation. In addition, Milley's visit to the United States to seek contacts and his failure to meet with the United States further demonstrates Milley's diplomatic preference for the United States.
However, despite Milley's concerns about China, he sent a request to the Chinese side for completion and expansion as soon as possibleCurrency swap agreements。This is because Argentina is facing more than $44 billionDebtquestion, and China has been Argentina's main support**. In Milley asEconomyIn the context of the scholar, he is well aware that it is necessary to cling to the support of China in order to solve Argentina's financial problems andDebtRepay. Therefore, inEconomyIn terms of policy, he had to turn to China for help.
On whether the Chinese side really suspended relations with ArgentinaCurrency swap agreementsSpeakersWang WenbinIn an interview, he said, "We insist on mutually beneficial cooperation with Argentina on the basis of equality and mutual benefit. "Soon after taking office, China has expressed its hope to Argentina and is willing to work with it to promote China and ArgentinaComprehensive Strategic PartnershipSustainable and stable development. However, Milley's performance since taking office suggests that Argentina has no intention of cooperating with China. Under such circumstances, China will not continue to play the role of the wrongdoer and will no longer help Argentina repay the 46.5 billion yuanDebt, and not surprisingly.
Argentina as aEconomyCountries facing difficulties have long counted on China's support. However, after Milley took office, Argentina**'s position on the Chinese side changed significantly, which led to the suspension of relations between the Chinese side and ArgentinaCurrency swap agreements
On his first day in office, Milley publicly stated that he would sever diplomatic relations with China, which was a clear disappointment to the Chinese side. As the new leader, Milley's adjustment of foreign policy shows that he is more inclined to engage with the United States, and rightGold BricksThe state is skeptical. However, inEconomyArgentina still hopes to be able to rely on China to solve its own financial problems andDebtRepay. As a result, Milley had to send a request to the Chinese side, hoping that it could be reached and expanded as soon as possibleCurrency swap agreements
However, China's position on Millet is very clear. AlthoughSpeakersWang WenbinIn an interview, he expressed his willingness to carry out mutually beneficial cooperation with Argentina on the basis of equality and mutual benefit, but China's decision to suspend it shows that Argentina's diplomatic position is not consistent with China's, so China will not continue to help Argentina repayDebt
This erroneous decision by Argentina** led to the suspension of the Chinese side. Argentina** should not underestimate China's presenceInternationalInfluence and contribution in the transaction. China has always been an important partner of Argentina and has provided it with a large number of servicesEconomyIn the tank. Missing the opportunity to cooperate with China, Argentina could lose an important oneEconomysupport** and further exacerbate their ownEconomyPlight.
China's decision to suspend has triggered reflections on China-Argentina relations and Argentina's position. Argentina missed out on China's support for the countryEconomyDevelopment will have far-reaching implications.
First of all, Argentina should recognize that China, as a global power, is very supportive of ArgentinaEconomy's stability and development are crucial. Therefore, Argentina should attach importance to cooperation with China and respect China's interests and positions. For Argentina, developing relations with China is an important strategic choice, not dictated by political positions.
Second, Milley should take opportunities for cooperation with China seriously and respect the principle of mutual benefit. The suspension conditions put forward by the Chinese side, that is, Milley** made it clear that he would engage with the Chinese side, is a reasonable request. Only by establishing an equal and mutually beneficial cooperative relationship can both sides develop together and achieve a win-win situation.
Finally, for China, continuing to carry out mutually beneficial cooperation with Argentina is conducive to the long-term development of both sides. China has always adhered to cooperation on the basis of equality and mutual benefit, which is one of the core principles of China's foreign policy. At the same time, China is also willing to support ArgentinaEconomydevelopment to help them solve their dilemmas. However, in the face of Argentina's change in attitude towards China, China needs to weigh and consider its own interests and make corresponding decisions.
To sum up, the Chinese side suspended the relationship with ArgentinaCurrency swap agreementsThis is due to the change in Argentina's position on China. Argentina has missed out on China's support, which is not a good thing for themEconomyDevelopment has had an impact. Argentina should recognize the importance of cooperation with China, and at the same time, China needs to carefully weigh its own interests. The two sides should establish cooperative relations on the basis of equality and mutual benefit to achieve the goal of common development.