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Monday, July 25, 2011

These moves have meant an unprecedented amount of Chinese investment into Argentina

As of last month,,polo ralph Lauren, China had become the second-largest trading partner for Argentina, while Argentina was China's fourth-largest trading partner in Latin America, the ministry said.

The South American country has also benefited from China's emergence as a major global investor. The country attracted Chinese investments totaling $13 billion during the January-June period this year, Argentine official data showed.

Chinese investment has created more than 5,800 jobs in Argentina so far and will provide the Argentine people with 4,000 to 5,000 jobs in the next three years, said Wang Chao, Chinese vice-minister of commerce.

In the meantime,Do you want the best wedding dresses? Do you want the best cheap wedding dress, but don't want to pay expensive prices? In this article, we will look at how to find cheap wedding dresses, and whether it is a wise option to go with. Chinese businesses are becoming increasingly active in Argentina. They are bidding to build nuclear power stations, natural gas plants and rail projects.

In some cases, they simply buy Argentine companies. Last May, China National Offshore Oil Corp Ltd bought 50 percent of Bridas Corp for $3.1 billion. Bridas is a major oil and natural gas holding company.

These moves have meant an unprecedented amount of Chinese investment into Argentina. Projects under discussion between the two governments are valued at $15 billion, Wang said.

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