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China, Argentina to boost trade cooperation

07-16-2010 13:56 BJT

With its fertile lands and good weather, Argentina is said to be the world's reserve for rice and meat. In recent years, the country has built a steady trade relationship with China. This week, Argentina's president visited Shanghai, with her country's business leaders. The trip is intended to further develop trade cooperation between the two countries.

This is the first time Argentina's President Cristina Fernandez de Kirchner has visited China. On this trip, she had lunch with Chinese company representatives at Shanghai's Shangri-La Hotel.

During the visit, Argentina has signed several cooperation agreements with China, covering transportation, energy, agriculture and other sectors.

Chinese company representative said "South America is the best place to go for investment for Chinese companies. Because they trust Chinese products."

Argentina has become the main hub for agricultural exports in South America. More recently, Argentina has seen an increase in exports, with China as its largest export partner.

Editor:Xiong Qu |Source:

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