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Javier Milei will have a bilateral meeting with Xi Jinping in China

Javier Milei will have a bilateral meeting with Xi Jinping in China
Javier Milei will have a bilateral meeting with Xi Jinping in China


Amid strained relations, President Javier Miley will travel to China to hold a bilateral meeting with the president Xi Jinping.

Although the date has not yet been confirmed, it should be in the coming weeks. The meeting between the libertarian president and his Chinese counterpart was confirmed a few hours after the government obtained the renewal of the exchange with this country for 5,000 US dollars.

As it appeared, July 4 is the tentative date. That day, Milei would come to communist power. This would be a striking fact, due to the coincidence with American Independence Day for the trip of an openly pro-American president like the libertarian.

We do not make pacts with the communists. I would not favor relations with communists. Neither with Cuba, nor with Venezuela, nor with North Korea, nor with Nicaragua, nor with China,” Milei declared on October 16, 2023, in the middle of the electoral campaign, when asked for his opinion on the communist regime led by Xi. .


The Central Bank of the People's Republic of China (PBOC) and the Central Bank of the Argentine Republic (BCRA) renewed the entire activated tranche of the swap for RMB 35 billion on Wednesday. This is equivalent to US$5 billion for a 12-month period.

The possibility that China will not accept the renewal and request its cancellation is one of the issues that has generated tension in the bond, stock and dollar markets.

“From now on, The BCRA will gradually reduce the activated amount of the swap over the next 12 months. In this way, and coinciding with the expiration date of the current currency swap agreement, the aforementioned tranche will be completely deactivated in mid-2026,” explained the Argentine Monetary Authority.




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