by Cyril Ip at scmp.com
- President Javier Milei’s pivot towards the West ‘may lead to a decrease’ in diplomatic, economic engagement with Beijing, according to analyst
- Another says that given the poor state of the Argentine economy and ‘the damage being done’, the move is a ‘blessing in disguise’ for the bloc
Argentina’s snub of the Brics developing economies may further strain relations with China but the bloc has “dodged a bullet”, according to analysts.
There has been uncertainty over the relationship between China and Argentina since far-right economist Javier Milei was elected president of the Latin American nation in November. While Milei has softened his tone recently, he had campaigned on breaking ties with China, stating that its people were “not free” and that Argentina would no longer work with nations “ruled by communism”.