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that while milei came to power on a chinese sceptic platform, he also came to power on a pro business platform, and one of argentina s most important business sectors creating the largest number of exports, creating the largest amount of dollars is agriculture. and where do those crops go? brazil, the eu and china. there s simply no practical way to cut ties with any of argentina s trading partners any more than brazil or chile or any of its south american neighbours can do. what do you see happening now that he is in office? well, if you d like to think about an example that might repeat itself, just look to the north, in brazil. when president bolsonaro took power in 2019, he also came to power on a china sceptic, pro business platform, and while official lending paused during his time, trade and investment continued to grow to record levels. i would expect to see exactly the same thing happen in argentina. between trade and agriculture and investment in lithium, ....
Is buying less from abroad as youth unemployment rises, and amid problems in its property market. not great for british companies looking to sell to china. but there could be an impact on our bills if the downturn there intensifies. china buys 15 out of every hundred barrels of oil sold, it s also one of the biggest guzzlers of natural gas. if a slowing chinese economy puts a lid on that demand, it could mean energy prices aren t as high for the rest of us. the same is true of the cost of many metals, from iron to aluminium and steel, vital components for manufacturers around the globe. in total we buy £70 billion from china, our biggest source of imports, from machinery to phones and other gadgets. if it s struggling to sell, it may keep its prices more competitive. all of this could help our inflation ease. ....