World Trade Organization

World Trade Organization

It is said that the crisis is giving China the opportunity to better integrate this economic system international and this in turn will allow defining rules of the game, have a greater political weight. There is a minor doubt says Francisco Seminario in the journal the nation of Buenos Aires, that drowning financial of the United States, with its already clear to the real economy transfer, somehow serve as springboard to these aspirations, also shared by countries such as the India, Russia and Brazil. China is calling for greater participation in all international institutional structure, at the World Bank, the World Trade Organization and the IMF, which is now a firefighter without water, as pointed out by Felipe de la Balze, Secretary general of the Argentine Council for international relations (CARI). The crisis is giving China the opportunity to better integrate this international economic system – he added-, and this in turn will allow you to define rules of the game, have a greater political weight. There is no forgetting says seminar, China produces 500 million tons of grain, five times more than the Argentina, but consumes 550 million.

Of this total, 30 million are soy, eight million of which are provided by the Argentina, along with other eight million turned into oil, explained Fernandez Taboada, who last month took part in the second Summit Business China-Latin, in Harbin, in northern China. We will surely exporting these products, because the consumption needs of China will be maintained at current levels, he added. But even more positive is diversification which began to insinuate in the last year, with sales of wine have tripled and exports growing wood, wool, leather, steel tubes for the oil industry and even clothing of Argentine designers. The impression that the director of bilateral trade Chamber brought Harbin is that there are other Argentine products, in addition to soybeans, which can gain space in the Chinese market.

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