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An important Chinese commercial mission will disembark in Argentina to analyze investments

An important Chinese commercial mission will disembark in Argentina to analyze investments
An important Chinese commercial mission will disembark in Argentina to analyze investments

It will be headed by 15 high -level officials and representatives of large companies of the economy.

They are companies with millionaire investments in soybean processing, infrastructure and energy, transport, finance, electronic products, and telecommunications.

The arrival will occur weeks after the United States of the Treasury, Scott Besent, visited Argentina to give a strong support to President Javier Milei.

Days ago, the of the North American South Command, Alvey Hosley, was also in Argentina. The Popular of China renewed the Central Bank US $ 5,000 million active SWAP with that country, strategic for reservations.

The CEOs of the companies of the Asian country will land together with the highest authorities of the Council of China for the Promotion of Trade (CCPIT) and the International Chamber of Commerce of Chinese (CCOIC).

One of the agreements that will be renewed will be that of bilateral cooperation signed in Beijing in 2016 with the House of Asia, which presides over Pliauzer Rally.

The agenda will include a cocktail with the authorities of the agencies chaired by Ren Hongbin, secretary of the Chinese Communist Party, and Chinese entrepreneurs, who will be received by the CEO of Pharmaceutical Laboratories (Bagó), Food The Asia Chamber.

China’s objective is to diversify markets in the face of the loss of exports to the United States in the rates of 145% that would have already begun to impact the manufacturing activity of the Asian giant.

China is the largest provider of goods in Argentina. In the quarter, imports from that origin were 24.7% of the total, followed by those of and the United States, with 24% and 8.7%.

The Chinese companies that arrive in the delegation are:

SINOGRAIN OILS CORPORATION: Chinese firm processor for soybeans and responsible for the management of state grain and soybean reserves in their country.

China Co-Op Cereals and Oils: Service provider for the grain supply . It manages about 80 cereal deposits with a storage capacity of more than 13 million tons.

Power Construction Corporation of China: He played a central role as a contractor in the solar park I fell in Jujuy. It is the company with the greatest amount of MW in execution in renewable energy in Argentina.

CRCC (China Railway Construction Corporation): signed a contract for US $ 1,089 million in 2018 to renew more than 1,000 km of loading roads, particularly in the Buenos Aires-Rosario , key to agricultural export. He also participated in the reactivation of the Belgrano Cargas railroad, financed by the Chinese Development Bank (CDB) to improve the transport of products from the northwest to the ports.

Hisense: MANUFACTURE ELECTRONICS AND ELECTRONIC PRODUCTS IN MORE THAN 179 COUNTRIES, AND IS THE SECOND manufacturer with the highest volume of sales of televisions worldwide along with Samsung and TCL Technology. Its smart TV are sold in Argentine stores.

ZTE: It is a global provider of telecommunications equipment, cell phones and network solutions. It is one of the brands that manufactures and markets Radio Victoria Argentina in Tierra del Fuego.

ICBC: China’s Industrial and Commercial Bank is the largest bank in China and the largest bank in the world for its market value.

Bank of China: It is another of the four largest commercial banks in China. It is the oldest bank in the country and its business is commercial.

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