China to loan Argentina $7.5 billion for power, rail projects

Global Business

Argentina says it will sign deals to borrow $7.5 billion from China.

The agreements come as Chinese President Xi Jinping continues his tour of South America, arriving in Buenos Aires on Friday.

China to loan Argentina $7.5 billion for power, rail projects

Argentina says it will sign deals to borrow seven-and-a-half billion dollars from China . The agreements come as Chinese President Xi Jinping continues his tour of South America. He arrived in Buenos Aires on Friday.

For more on the trip and the relations between China and Latin America countries, Margaret Myers, Program Director of China and Latin America at think tank Inter-American Dialogue, shares her insight.