Interesting. China, as we all know, has a huge trade surplus with respect to the rest of the world. They sell a lot more than they buy. A trade surplus must, per force, be recycled into foreign investment "surplus" -- the money has to go somewhere. What's interesting is that China has decided to recycle some of the money into Argentina instead of into U.S. treasury bonds or the U.S. stock market. They presumably view Argentina's infrastructure as a better bet than the U.S. dollar. Or they're just diversifying. With as many excess dollars as they have, they can spread it around to a lot of places, thus buying a lot of influence -- at the expense of the Chinese consumer.
Careful pal,
You'll have the CHINA IS WONDERFUL FREE TRADE IS GREAT CROWD flaming you in a heart beat.
They tolerate no discussion.
"A trade surplus must, per force, be recycled into foreign investment... With as many excess dollars as they have, they can spread it around to a lot of places, thus buying a lot of influence"
bingo.