As soon as Argentina's new ** Milley came to power, he began to implement his campaign promises, closing some ** ministries and planning to close the health and education sectors. Not only that, but he also publicly attacked China, claiming that he wanted to sever relations with China and that he did not intend to join the BRICS organization. However, after he announced his inauguration, he suddenly changed his tone, expressing his willingness to strengthen cooperation with China, and saying that his plan to join the BRICS organization remained unchanged. However, when he returned to Argentina from a visit to the United States, he changed his mind again and decided to abandon the purchase of Chinese-made "Thunder Dragon fighters" and instead seek to buy second-hand F-16s from the United StatesFighters。This kind of behavior of turning faces faster than turning a book makes it difficult to ** Milley's next move.
China has responded unequivocally to Milley's actions. A number of Argentine** and market information agencies have reported that China has decided to suspend the extension between the two countriesCurrencyswap agreement, which also means $6.5 billionCurrencyThe swap agreement will be shelved by the Chinese side indefinitely. Experts say that for Argentina, thisCurrencySwap agreements are one of the few that can be obtainedCreditOne of the services, which was used to support the peso of the collapse of the country and the rebuilding of foreign exchange reserves, was also used to repayInternationalCurrencyHuge debts of the organization. If it loses the support of China, Argentina'sEconomyIt will make matters worse, and the deficit with China will further widen.
It can be used in almost all ** in ArgentinaRMBSettlement, so to speak, of China against ArgentinaEconomyIt has had a profound impact. Provided by ChinaFinanceThe service is one of the few that is currently available in ArgentinaCreditOne of the services. The $6.5 billion worth of funding comes as part of an agreement between China and Argentina that has been renewed annually since 2009. From this point of view, China's demands are not excessive, and they hope that Milley will show goodwill and friendliness towards China to ensure that the cooperation between the two sides can continue. Of course, China has not completely refused to close the door to cooperation, but will only suspend itCurrencySwap Agreements. Milley, as the new leader, will directly determine whether China will continue to support Argentina.
The United States has been trying to prevent China from exercising constructive influence in South American countries, but their efforts are doomed to be futile. Argentine voters elected Millet as the **, perhaps the biggest mistake they ever made in their lives. Milley plans to abolish the peso and use the US dollar entirely as a pawnCurrency, which will reduce Argentina to a playground for the savage harvesting of the big American capital group. In a few years, they may find that all valuable assets in Argentina will be labeled as American. China's support for Argentina may be affected, but for the Argentine people, the loss will be for the country as a whole and for the future of their children and grandchildren.
The partnership between Argentina and China is crucial, especially for ArgentinaEconomyin other words. China is the only one to provideCreditsupport of the country, and this support has become ArgentinaEconomyan important pillar. As the new leader, Milley's policies and words and deeds have been vacillating, which is a risk that cannot be ignored for China. China needs one to havePoliticsA credible country to cooperate, not a partner that changes frequently. China's decision was suspendedCurrencyThe swap agreement does not mean that the door to cooperation has been completely closed, but that Milley will be given some time to see if he can clearly show his goodwill towards China. I think China's request is reasonable, after all, they are not willing to lend their money to a noPoliticsCredibility of the country. The Argentine people should know how important it is to choose a reliable leader so that their country and its future can develop and prosper.