Argentina recently halted construction on two major dams financed by China, stirring concerns over future Chinese investments. They assure that a single project’s interruption might trigger wider diplomatic and economic repercussions due to cross-default clauses, risking Argentina’s broader relationship with China. The Néstor Kirchner and Jorge Cepernic dams represent China ‘s largest overseas investment at $4.7 billion.
March 19, 2024
SOURCE: RIO TIMES
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