From Buenos Aires Times · Michael Soltys · · 1m 20s
Chinese Whispers
Argentina's trade ties with China deepen as economic shifts reshape bilateral relations.
In brief
Argentina's trade ties with China deepen as economic shifts reshape bilateral relations. Argentina and China have deepened economic ties through trade and investment, with China becoming Argentina's top trading partner and a key investor in infrastructure projects. Originally reported by Buenos Aires Times.
Wuchang Uprising anniversary
Today marks the 115th anniversary of the Wuchang Uprising, the start of the 1911 revolution ending four millennia of Chinese imperial dynasties.
Double Ten Day
Double Ten Day remains the national day across the straits in Taiwan, celebrated as the anniversary of the 1949 proclamation of the People’s Republic.
Economic significance
China produces almost five percent of mainland economic output on 0.4 percent of its area by 1.6 percent of its population.
Historical diplomatic shifts
Argentina recognized Kuomintang China in 1945 but later switched to the People’s Republic in 1972 after Nixon’s visit to Beijing.
Early trade relations
Sino-Argentine links began in 1909 with the dying Manchu empire establishing formal relations with Argentina.
Modern trade expansion
Néstor Kirchner signed a memorandum of understanding with Hu Jintao in 2004 for $20 billion in investments which never transpired.
Infrastructure projects
Cristina Fernández de Kirchner elevated Sino-Argentine ties to a comprehensive strategic partnership in 2014 for patagonian ventures.
Current trade dynamics
Argentina's trade with China tops $27 billion last year with investments reaching $23 billion.
The main idea
Argentina and China have deepened economic ties through trade and investment, with China becoming Argentina's top trading partner and a key investor in infrastructure projects.
