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🇸🇬 Singapore /Economy & Trade

China's embassy in Argentina accuses US of obstructing cooperation

From The Straits Times · () English

Summarized and contextualized by DistantNews.

At a glance

News Official statement Context piece
  • China's embassy in Argentina accused the United States of obstructing cooperation between a local company and Huawei through visa revocations.
  • The embassy called the U.S. action an affront to sovereignty and free-market principles, accusing the U.S. of promoting the "China threat theory."
  • The U.S. has expressed concerns about Chinese influence in Latin America, while Argentina recently renewed a currency swap agreement with China.

China's embassy in Argentina has accused the United States of deliberately obstructing normal business cooperation between a local Argentine company and China's Huawei. The embassy issued a statement on social media, labeling the U.S. actions, specifically visa revocations, as an affront to Argentina's sovereignty and free-market principles.

The Chinese embassy further alleged that the U.S. embassy in Argentina is promoting the "China threat theory" and broadening the concept of national security to justify its actions. The statement criticized the U.S. for "blatantly hindering normal cooperation" through these measures.

The U.S. embassy in Argentina did not immediately respond to a request for comment. The administration of U.S. President Donald Trump, an ally of Argentine President Javier Milei, has previously voiced concerns regarding Chinese influence in Latin America. Argentina, however, maintains significant economic ties with China, its second-largest trading partner.

This diplomatic exchange occurs shortly after the central banks of China and Argentina renewed a bilateral currency swap agreement for five years, valued at 130 billion yuan (approximately $19.3 billion). The U.S. actions appear to be an attempt to counter China's growing economic and technological presence in the region.

The U.S. embassy in Argentina has deliberately promoted the so-called 'China threat theory,' broadened the concept of national security, and, through visa revocations, blatantly hindered normal cooperation

— Chinese embassy in Argentinaaccusing the U.S. of obstructing cooperation and promoting the 'China threat theory'
DistantNews Editorial

Originally published by The Straits Times. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.

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