With regard to Argentina in South America, China not only sympathizes with the Falklands for being seized by the British, but also has the economic foundation for extensive cooperation between China and Argentina. Therefore, the relations between China and Argentina can be said to be stable and prosperous. But since Argenti's madman President Milley came to power, Sino-Arab relations have taken a sharp turn for the worse. In order to "show loyalty" to the United States and the West, Milley not only publicly stated that he wanted to "draw a clear line" with China and Russia, but even refused to join the BRICS cooperation mechanism. After Milley came to power, Sino-Arab relations have indeed undergone great changes.
Recently, however, Foreign Minister of the Milley authorities Mundino visited China and asked China to increase its investment in Argentina's energy industry and lithium industry, and to increase the possibility of Argentine meat exports. However, according to the general analysis of the outside world, in addition to some regular cooperation, Foreign Minister Argenty's visit was actually more to "ask for help" from the Chinese side.
According to public information from relevant parties, Argentina has already owed a lot of international debts due to its declining economy. According to estimates, this year, 2024, the Milley authorities will need to repay $90 billion and $25 billion in local and foreign currency debts. For such a situation, the Milley authorities were naturally anxious, and Milley did not hesitate to run to the United States twice in three days, hoping to seek help from the United States, and even found Trump (Biden was speechless). As a result, the weakened United States simply had neither the ability nor the will to help Argenty. So in this situation, Milley looked around the world and found that only China could help Argentina.
Previously, China had signed a $6.5 billion currency swap agreement with Argentina, but since then, due to the madness of the Milley authorities, we have officially suspended this agreement. Now for Argentina, this China-Argentina currency swap agreement is undoubtedly a "life-saving straw", which is also the focus of Argentine Foreign Minister Mundino's discussion in China: that is, he hopes to exchange pesos for some yuan, so that Argentina's huge foreign debt can be repaid.
However, as a responsible major country, although the mainland has often selflessly helped some partner countries in the international community, the premise of such help is that the country also intends to develop friendly relations with China, and if the country's friendship with China itself is limited in the diplomatic arena, then we will inevitably have some choice in helping them. In response to the request of the Argentine side, the Chinese side replied as follows: We respect the choice of the Argentine people and wish Argentina success in reform. We are confident that the Argentine people will be able to find a successful development path suited to their national conditions.
I have to say that China's answer is really too clever, and as for whether the Argentine foreign minister's visit has achieved the desired goal, I believe that everyone will have an answer in their hearts.