Argentina China Flags

Santa Cruz Secures $130M Chinese Loan for Dam Revival

The provincial government of Santa Cruz announced on Sunday that it has secured a loan of US$136 million from China to restart construction on a hydroelectric dam, a project that has been stalled since December 2023. The total loan is US$150 million and is provided by a consortium of banks led by ICBC and the … Read more

Blue Dollar Updates

Argentina’s Golden Chance in China’s Sustainable Business Sector

China’s remarkable growth in recent years is well-known; however, the increasing emphasis on sustainability within the country’s investment and development strategies is less acknowledged. In 2012, China integrated the notion of an “ecological civilization” into its National Constitution, establishing environmental protection as a fundamental prerequisite in its development strategies. In September 2020, President Xi Jinping … Read more

After a year, Milei’s RIGI investor incentive plan falls short

President Javier Milei’s flagship RIGI incentive scheme for large investors has only imported US$26 million in three projects in one year. Seven actions were approved, 11 pending, and China rejected. One year after receiving Congressional approval and being introduced to much acclaim, one of President Javier Milei’s signature initiatives, the Régimen de Incentivos para Grandes Inversiones incentive scheme for major investments – commonly referred to as RIGI – has yet to gain traction. In the last year, a total of seven initiatives … Read more