Introduction.
Recently, the incidence of poverty in Argentina has reached an unprecedented level, which has raised concerns from all sides. In the more than two months since the new ** Milley came to power, Argentina's economic situation has been declining, and the number of poor people has surged to 574%, causing a series of social problems. However, during this difficult period, Mr. Milley changed his attitude towards China and expressed his willingness to cooperate with the Chinese side. Chinese Foreign Minister Wang Yi gave a positive response to this, which has brought new vitality to Sino-Arab relations. This paper analyzes the causes of poverty in Argentina and analyzes and looks forward to the relations between China and Argentina after Milley came to power.
The number of poor people in Argentina is at an all-time high.
After the new Millay took office, the number of people living in poverty in Argentina continued to rise, hitting a new high in more than 20 years, causing widespread concern and apprehension. According to the data, the country's poverty ratio has reached 57.4 per cent, the highest in many years. The emergence of this situation reflects the difficulties and challenges encountered by the Milley regime in its economic policy. At the same time, Argentina's domestic inflation problem is getting worse, food ** is soaring, transportation costs are surging, and the burden on people's lives is getting heavier and heavier. In this context, Argentina urgently needs to find a solution to the difficulties of life.
The growing population of poverty has not only hit the Argentine economy, but has also had a direct impact on the people's living standards. Some news outlets have also reported soaring oil prices, soaring medical costs, and soaring public transportation costs, all of which highlight the skyrocketing prices that ordinary people are facing. In this case, the anger of the Argentine people grows as more and more marches and ** appear. The hardest hit are workers and the middle class, who are facing not only falling wages, but also unemployment and hardship. The Argentine financial crisis has had a tremendous impact on the normal life of the people, and achieving social stability and recovery is the most urgent task at present.
Milley's economic approach is controversial.
As Argentina's economic problems worsened, Milley**'s fiscal policy has been the subject of much debate. The measures taken by Millais ** such as comprehensive privatization and streamlining of ministries and commissions have achieved good financial results, but also caused the reduction of public utilities and the reduction of the level of social welfare. In particular, under the influence of factors such as insufficient investment in infrastructure, weak consumption, and weak export markets, it is difficult to achieve a positive effect on economic development and improve people's living standards.
The "total privatization" implemented by the Milley regime, on the one hand, reduced the financial resources of the people, and on the other hand, inadvertently exacerbated the class ** and exacerbated the gap between the rich and the poor. The substantial downsizing of institutions and the drastic reduction of expenditures have alleviated China's fiscal deficit to a certain extent, but at the same time, they have also had a negative impact on national well-being and social and economic development. Coupled with the Milley regime's inaction in infrastructure, Argentina's infrastructure and social welfare have been severely tested, and its future recovery is still not optimistic.
Relations between China and Argentina have taken on a completely new look.
Faced with Argentina's economic difficulties, Millet tried to shift his diplomatic strategy towards China in order to seek closer cooperation with China. Argentina's first minister, Mundino, expressed his goodwill and willingness to further strengthen cooperation with China, and China also responded to this and gave full respect and support to Argentina's decision to seek development. China and Argentina have strengthened bilateral relations, promoted Argentina's economic stability and development, and promoted the recovery of the regional and world economy.
Expanding Sino-Arab cooperation is conducive to a win-win situation for both sides in terms of economy and to enhancing friendship and exchanges between the two sides. Argentina is a major agricultural exporter in Latin America, with abundant agricultural resources and high agricultural quality, which meets the needs of the Chinese market, and the two sides have broad development prospects in agriculture, energy and infrastructure. The relations between China and Argentina will not only help Argentina get rid of its current economic difficulties, but also promote the relations between China and Latin America and promote regional economic integration. The joint efforts of China and Argentina will certainly be a major driving force for the continuous progress of the two countries.
Brief summary. Argentina's record poverty rate, Milley's controversial economic policies, and the new look of Sino-Arab cooperation reflect the enormous challenges and dilemmas that Argentina is currently facing. Argentina is facing a severe economic situation and a severe social situation, and it must make corresponding adjustments in a timely manner and strengthen cooperation with other countries in order to achieve sustainable and stable development of the country. The deepening of practical cooperation between China and Arab States has provided new impetus for the stability and development of the regional and world economy, demonstrating that China and Arab countries will work together to address challenges and achieve a win-win situation. We look forward to the deepening of the future development of China and Argentina and make new contributions to promoting regional peace, stability and economic prosperity.