After China s visit to the United States, the Argentine president changed his attitude and stabbed t

Mondo International Updated on 2024-01-30

During the election campaign, Milley presented a series of high-profile policy options. He advocated proceeding".EconomyShock**", including the abolition of the countryCurrencypesos, privatization of state assets, and a full-fledged shift to "dollarization". At the societal level, he proposed policies such as legalizing the public carrying of firearms, legalizing organ trafficking, and restricting abortion. In addition, he pledged to reduce the number of ** departments from 18 to 8. Immediately after taking office, Milley signed a decree reducing the number of existing departments to nine, fulfilling his promise.

However, Milley's policy proposal has sparked considerable controversy in the industry. HisEconomyShock**Although the initial may bring some good onesEconomydata, but in the long run, may lead to much largerEconomyDisaster. In addition, his social policies have been subject to some controversy, arguing that they have disastrous consequences for the lower strata of society.

Argentina is currently facing a serious situationEconomyCrisis. Over the past 12 monthsInflation rateUp to 1427%, and the poverty rate is over 40%.Debt crisisIt is also getting worse. Argentina's national debt has been repeatedly declared bankrupt, for example, already owed to the InternationalCurrency**More than $44 billion for organizations. Milley said that if gradual reforms are to take place, financial support is needed, and Argentina is currently facing financial difficulties.

However, Milley's ** implementedEconomyThe policy does not match previous campaign promises. He had promised to carry outShock**, cut welfare, and privatize state assets. However, it was recently renewed with ChinaCurrency swapsThe move in the agreement is at odds with previous policy and means that China will help Argentina repay its debts. This approach also ensured to a certain extent that Argentina'sCurrencyand debt risk, because China is an important partner of Argentina, and Argentina is able to repay its debt and reduce its dependence on the United States.

China and Argentina have cooperated in a number of fields in recent years. China has invested in many projects, such as hydropower plants, nuclear power plants, and lithium mines, while importing large quantities of Argentine beef andSoybeans。These collaborative projects have improved Argentina's to a certain extentEconomyState.

Milley's change in attitude toward China shows that he attaches great importance to China's cooperative relations. Recently renewed with ChinaCurrency swapsThe move of the agreement shows that inEconomyIn the midst of this dilemma, he hopes to ease Argentina's situation by working with ChinaEconomypressure, and reduce dependence on the United States. China is also an important partner of Argentina, with its massive amount of beefSoybeansand other minerals are in significant demand for the Chinese market, which provides Argentina with more export opportunities.

After taking office, Argentine Milley sparked a wide discussion about his policy proposals. He raised it during the election campaignEconomyShock**and social policies, although they may have some effect in the short term, they may intensify in the long runEconomyHardship and social instability.

FaceEconomycrisis, Milley's attitude and policy changed, and he began to seek cooperation with China, hoping to pass with ChinaCurrency swapsagreement to reduce dependence on the United States, easeEconomyPlight. China is also willing to strengthen cooperation with Argentina and support Argentina through investment and investmentEconomyDevelop.

Personally, I think it is a wise move for Argentina to choose to strengthen cooperation with China. China is one of the largest developing countries in the world, with a huge market and a strongEconomyStrength. Cooperation with China will provide Argentina with more opportunities and support to help it get throughEconomyPlight. At the same time, Argentina can also strengthen the friendly relations between the two countries and promote mutually beneficial and win-win development through cooperation with China.

The author believes that in the era of globalization, close cooperation among countries is the key to achieving common developmentCritical。Strengthening cooperation with China will not only bring more opportunities to Argentina, but also help promote international exchanges and cooperation. It is only through strengthened cooperation that countries can work together to address challenges and achieve common prosperity and development.

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