“A direct quote taken from David in the transcript of the Lake Webinar dated 23/8/23 .... The MSP discussions also open the door for other entities to become involved in the debt component of the project financing.”
Whereas this November 2023 analysis highlights that
“ Argentine leaders have looked to China as an alternative source of financing for its crushing debt ….
… China is Argentina’s second-largest trading partner, and also the second-largest destination for Argentine exports, such as soybeans and beef. …. Argentina has received the most loans from China’s “big five” commercial banks, signaling Beijing's stake in the country.
Argentina officially joined the Belt and Road Initiative in 2022 and signed trade and infrastructure agreements worth more than $23 billion.
Javier Milei promises to align Argentina more closely with the United States but may struggle to do so. …. But there is no guarantee that his anti-China rhetoric, …. will result in dramatic policy changes.
Milei can be expected to adopt a pragmatic stance. He has already signaled that economic ties with China would not be affected.…. he may struggle to implement radical foreign policy changes.“
