Milley was officially inaugurated as Argentina's new president**, and a series of remarks during his campaign attracted worldwide attention, and he was even called "Argentina's Trump" for this. He put forward a series of astonishing policy proposals, which caused great controversy in society. On the economic front, he promised an "economic shock**", advocating the abolition of the national currency, the peso, a full shift to "dollarization", and funding reforms through the privatization of state assets. At the societal level, he advocated for allowing open carrying of firearms, legalizing the trade in organs, and restricting abortion. He also promised to cut the number of ** departments in order to reduce administrative expenses. Milley's policy proposal was risky and sparked widespread concern and controversy.
The news of Milley's appointment as Argentina's new leader has attracted global attention, not just because of a series of radical policy options, but also because of his crazy rhetoric during the election campaign. Some have dubbed him the "Argentine Trump" precisely because of the similarities between his policy ideas and Trump's. His proposed plan for economic shock** has caused widespread controversy. He advocated abolishing the peso and moving to full dollarization, a move that raised concerns that it would deprive Argentina of its monetary sovereignty. In addition, he plans to privatize state-owned assets to obtain the funds needed for reforms, a move that has also sparked heated controversy. At the societal level, his policy proposals are also quite controversial. He advocated for allowing open gun ownership, legalizing organ trafficking, and restricting abortion. These measures have raised concerns among many that they will lead to a deterioration of social order and moral decay.
Argentina is currently in the midst of a severe economic crisis. Over the past 12 months, inflation has been as high as 1427% and a poverty rate of over 40%. In addition, Argentina is facing a huge debt crisis, with a debt of more than $44 billion to the International Monetary Organization. The entire national debt has been declared bankrupt several times. Against this background, Milley came to power and faced many difficulties and challenges.
Argentina is currently in the midst of a severe economic crisis, which makes the task of governing Milley extremely difficult once he takes office. The high inflation rate has made people's lives more difficult, and the cumulative inflation rate in the past 12 months has reached 1427%。At the same time, the poverty rate is rising, exceeding 40 per cent, and a large number of people live below the poverty line. In addition, Argentina is also facing a huge debt crisis, with a debt of more than $44 billion to the International Monetary Organization, a national debt that has been accumulating, and has repeatedly declared bankruptcy. Faced with such a dire situation, Milley will need to quickly find effective reforms to solve economic problems and lead the country out of its predicament.
Milley made a high-profile announcement during the election campaign that he would not cooperate with socialist countries, but after taking office, his attitude towards China, Brazil and other countries changed much more modestly. According to Argentina**, Milley wants to renew the currency swap agreement with China and said it "attaches great importance to its relationship with China." This shift has sparked speculation and questions.
Milley publicly stated during the election campaign that he would not cooperate with socialist countries, which raised questions about his policy orientation. However, after taking office, there was a noticeable change in his attitude. According to Argentina**, Milley wants to renew the currency swap agreement with China and said it "attaches great importance to its relationship with China." This shift has been somewhat confusing and has sparked speculation. Some believe that Milley may have been motivated by economic interests and wanted to solve Argentina's debt problem by working with China. Others believe that Milley may be looking for new partners and diversification. Whatever the reason, Milley's change in attitude toward China has undoubtedly brought new opportunities and challenges to Arab-Chinese relations.
The cooperation between China and Argentina is of great significance to both sides. Argentina is a major agricultural country in the world, with abundant resources of beef, soybeans, corn and other agricultural products, while China is one of the world's largest consumer markets, and the demand for these agricultural products is strong. The currency swap agreement signed by the two sides can provide convenience for both sides, reduce costs, help Argentina relieve economic pressure, and also meet the demand for Argentine agricultural products in the Chinese market. Therefore, the continued cooperation between China and the Arab States is of positive significance to both sides.
The partnership between China and Argentina is of great importance to both parties. Argentina is a major agricultural country in the world, with abundant agricultural resources such as beef, soybeans, corn, etc., while China is one of the world's largest consumer markets, and the demand for these agricultural products is strong. Therefore, the cooperation between China and the Arab States can achieve complementary resources and enable both sides to achieve mutual benefit and win-win results. The currency swap agreement signed by the two sides can provide convenience for both sides, reduce costs, and promote bilateral development. Especially in the context of Argentina's serious economic difficulties, China, as an important partner, can provide economic support and assistance to Argentina. By strengthening cooperation, both sides can achieve mutual benefit and win-win results, jointly address challenges and create a better future.