dragontiger| Argentina announces foreign minister's visit to China at the end of the month! Expert: Create conditions for Milai to gain China's support in the economic and trade field

SourceDragontigerGlobal times

[global Times reporter Bai Yunyi] the Argentine Foreign Ministry announced on the 23rdDragontigerForeign Minister Mondino will pay an official visit to China from 28th to 30th of this month. It is reported that Mondino will hold talks with a number of senior Chinese officials in China and attend some forum activities on Argentine investment opportunities. This will be the first visit by a foreign minister to China since the inauguration of the Mile government of Argentina. "the purpose of Mondino's visit is to clarify misunderstandings, release goodwill, and create conditions for the Mile government to open the door to practical cooperation with China." An expert on Latin American affairs told the Global Times on the 24th.

According to the Argentine "Financial Circle" reported on the 23rd, Mondino will lead a "huge delegation", including representatives from different sectors of Argentina's export sector. In China, the Argentine diplomat will visit Shanghai and Beijing and launch "a series of extensive official meetings and agenda." In addition, she will also participate in some activities to promote Argentine business and meetings with investors.

Argentina's Buenos Aires Times believes that Mondino's move is aimed at seeking investment and strengthening Argentina's trade relations with China. "this visit is very eye-catching," it is reported that during last year's presidential campaign, Argentina's new president Mile repeatedly refused to maintain closer ties with Beijing. But a few months later, he seemed to have changed his position. In an interview with Bloomberg in April, he adopted a more pragmatic approach to avoid fierce rhetoric. " According to the report, Chinese trade and investment have contributed to Argentina's economic growth in many areas, from commodities to energy to finance.

According to public data, China is Argentina's second largest trading partner, accounting for 13% of Argentina's total foreign trade.Dragontiger.8% is also Argentina's third largest export market and second largest source of imports, accounting for 8% of Argentina's total exports and 19% of Argentina's total imports, and is also the source of Argentina's largest trade deficit. Chinese direct investment in Afghanistan is mainly concentrated in three major areas: infrastructure, energy and new energy industries.

"Milai needs to strike a balance between adhering to liberal values and dealing with economic reality." The Voice of America previously commented that although there is a clear ideological gap between Mile and China, Argentina's deep economic ties with China seem to be difficult to give up easily. How to find the "balance point" of the Mile government in the future will be the focus of the international community. Bloomberg said in a report that Mile wants to revolutionize Argentina's government-led economic model, lift the country out of poverty and curb inflation, but it would be difficult for him to do so without China.

Pan Deng, director of the Latin American Law and Public Policy Research Center of the China University of political Science and Law, told the Global Times on the 24th that Mile's attitude towards China did show some changes in the months after taking office, but this is more of a change from a political "plain man" to a pragmatic government than a radical change in concept. So far, Mile still adheres to his "laissez-faire market economy" model, which means he will continue to stay away from the previous government's state-led economic model.

"in the past years, most of the economic and trade cooperation between China and Argentina has been promoted by enterprises of the two countries under the framework designed and outlined by the government, which means that as long as Mile does not change his economic philosophy, the existing large-scale trade and investment projects between China and Argentina will continue to face the process of re-debugging or even suspending." According to his analysis, however, many of the economic policies of the Mile government are unsustainable in the long run, and some endogenous forces are needed to continue, and he has also realized that whether it is a currency swap between the two countries, the repayment of the debts of the International Monetary Fund, or the realization of sustainable and resilient domestic economic growth, can not do without China's support.

"Foreign Minister Mondino's visit to China is aimed at clearing up misunderstandings, especially to make up for the damage to Sino-Arab relations caused by her previous immature practices on Taiwan-related issues, and to release goodwill, so as to create conditions for Mile to win China's support in the economic and trade field." Pan Deng said that in this sense, the visit will help the two sides determine the basis for dialogue and open the door for practical cooperation between the Mile government and China.