China Warns Argentina Against Severing Ties, Citing Serious Consequences

1 min read
Source: Reuters
China Warns Argentina Against Severing Ties, Citing Serious Consequences
Photo: Reuters
TL;DR Summary

China warns Argentina that severing ties with countries like China and Brazil would be a "serious mistake" after the election victory of right-wing libertarian president-elect Javier Milei, who has criticized China and Brazil as important trading partners. Milei's tough stance on China contrasts with the outgoing president's vow of cooperation, and an economist tipped to become foreign minister in the Milei administration stated that Argentina would not join the BRICS grouping and would stop interacting with China and Brazil. China emphasizes the strong economic complementarity and potential for cooperation between the two countries, while warning that Argentina could lose out if it shuts China out of its market.

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