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China's president signed new trade deals with Argentina on Sunday as the Asian giant expands its growing role in Latin American economies.
Presidents Mauricio Macri of Argentina and Xi Jinping of China announced the more than 30 agriculture and investment deals during a state visit following the Group of 20 summit in Buenos Aires. The deals include an agreement to export Argentine cherries to China and an expansion of a currency swap.
China is among Argentina's top export markets, especially for agricultural commodities that are the engine of its economy. It is also one of Argentina's biggest lenders, financing about $18.2 billion in infrastructure and other projects, according to the Inter-American Dialogue, a Washington-based think tank. | |
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Another email I just got
