A delegation from China will visit Argentina this month to discuss the construct...
BUENOS AIRES - A delegation from China will visit Argentina this month to discuss the construction of a nuclear power plant, signaling potential progress in a deal that could increase Beijing’s deepening influence in the South American nation.
Argentina had hoped to announce an agreement on China-financed construction of Atucha III, as it has been referred to in the past, during a state visit by Chinese President Xi Jinping after November’s G20 summit in Buenos Aires. If finalized, the nuclear plant would be one of the biggest projects financed in Argentina by China, which has become a key trading partner for Argentina and its biggest non-institutional lender.
The power plant deal was first negotiated under the administration of former President Cristina Fernandez, a left-wing populist who left office in 2015 after striking a number of deals with China.
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