Tag: Argentina

Anti-China protests gain momentum in Argentina
World

Anti-China protests gain momentum in Argentina

Between 2005 and 2019, Argentina has received maximum investment from China amounting to US$30.6 billion, which is 39 per cent of the total Chinese investment in South America.At the heart of the new Chinese investments in Argentina, is the proposal to build 25 industrial pig farms in Argentina, which will significantly increase pork exports to China. The project involving investment of US$3.8 billion, is expected to generate annual production of 900,000 tons amounting to US$2.5 million in annual exports.As per media reports, the pig farms will be set up with Chinese investment in partnership with local producers in Argentina, which currently has 10 industrial pig farms exclusively for export to China. In addition, 25 new farms are due to start operation in the next six years, which will e...