Why China is in Argentina — Market Mad House

Understanding why China is in Argentina will help us understand the dangers of Climate Change and the changing face of global power.

Surprisingly, the People’s Republic of China has a large presence in the South American republic of Argentina. For example, Chinese institutions provide Argentina’s government with $11 billion worth of currency swaps to bolster the country’s economy.

In addition, Chinese companies are financing and building two hydroelectric dams in southern Argentina and a rail link across the country’s…