China considers its trade with Argentina is “fair”, despite the trade deficit for the South American country, and stressed that the important thing is that is “growing”, said diplomatic sources in the Asian country.
“The trade balance is fair. Argentina has some deficit, but not much. The important thing is to grow the volume of trade,” he said today at a press conference China’s ambassador in Buenos Aires, Yin Hengmin, giving details the visit on Monday will make Argentina the Chinese premier, Wen Jiabao.
Official figures from the South American country, last year China exported to Argentina for 10573.3 million, 38 percent more than in 2010.
Meanwhile, Argentine exports to China amounted to 6176.2 million, up 7 percent year.
This made Argentina’s trade deficit with China went from 1,850 million dollars in 2010 to 4,397,000 dollars in 2011.
“There will be more trade,” the Chinese ambassador, who avoided discussing their import restrictions implemented by Argentina.
On the visit of Wen Jiabao, the diplomat said the Chinese premier is scheduled to meet next Monday with the president of Argentina, Cristina Fernandez, to “review the development of bilateral relations in all fields”, especially since 2004, when Argentina and China signed a strategic partnership agreement.
According to the Chinese diplomat, Wen Jiabao and Cristina Fernandez also “plan the future development of bilateral relations” and “exchange views on international situation.”
Hengmin Yin noted that Wen Jiabao will be the first official visit to Argentina of a Chinese premier in 27 years and is of special significance for the fortieth anniversary of bilateral diplomatic relations, which began in February 1972.
“The bilateral relationship is at its best,” said the Chinese ambassador.
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