Javier Milei received a letter from Xi Jinping
On his birthday, the president Javier Miley He took time to congratulate, privately and publicly, his Minister of Economy, Luis “Toto” Caputowhich will be awarded this Wednesday in Washington by LatinFinance magazine, in advance of the meeting of the annual assembly of the IMF and the World Bank, and received a letter of congratulations signed by Xi Jinpingleader of the Chinese regime.
Relations between Argentina and the United States were close from the beginning of this administration, but in the case of the Asian country, they took a turn recently, after the libertarian president acknowledged that he was “pleasantly surprised” by them.
At the end of last September, there was a strong gesture of mutual cooperation when the chancellor Diana Mondinowithin the framework of the United Nations Assembly, held a surprise bilateral meeting with its Chinese counterpart, Wang Yi.
The official was accompanied on that occasion by the Secretary General of the Presidency, Karina Mileiand by Caputo himself, and the two parties agreed to continue “expanding cooperation in various areas, and sharing development opportunities.”
Diana Mondino with the Chinese Foreign Minister
Despite the ideological differencesthe libertarian administration seeks to maintain good commercial dealings with Asian partners, although at the same time they try to maintain relations with the White House, which does not view the regime’s investments in Latin America favorably.
A few months earlier, Karina Milei met in Buenos Aires with the Chinese ambassador to Argentina, Wang Weiand discussions began about the trip that the President will make in January to Beijing, to participate in the summit of the Community of Latin American and Caribbean States (CELAC).
This Tuesday afternoon, Mondino arrived at the Casa Rosada accompanied by Wei and both headed to the office of the head of state, so that the diplomat will hand him the letter signed by Xi Jinping, congratulating him on his birthday.
While this was happening, in Washington, Caputo participated in a closed-door meeting and was sworn in. Chatham House in it Council on Foreign Relations (CFR) with the objective of describing the basic guidelines of the government plan that is being carried out.
The conversation took place just after closing with the authorities of the World Bank (WB) a loan line of 2,000 million dollars, which will be allocated to social projects, and in advance of the IMF assembly.
President Milei is happy with the direction the program is taking applied since the beginning of his administration and they constantly provide him with data with indicators that activity in the different areas is beginning to recover, as well as analyzes that indicate that the average salary is increasing above prices.
More recently, the President celebrated the latest figure from the Domestic Wholesale Price Index (IPIM), which registered an increase of 2% in September 2024 compared to the previous month, and considers that this is a sign that October inflation will be close to that number.
Milei with his Minister of Economy, Luis Caputo
“The moment I reach 2.5% CPI, it will mean that all inflation is induced. Therefore, I can take him out (into the stocks). “That depends on the money demand decisions of individuals,” Milei explained in an interview he gave to the journalist. Alejandro Fantinofor Neura.
In this context, the President sees sustained economic growth and, although he avoids making predictions, he is confident that by 2025 there will be a recovery of purchasing power in a large part of the population and that will drive a strong victory for La Libertad Avanza in the legislative elections of that year.
Although he usually escapes politics, the head of state knows that he needs a stronger bloc, both in the Chamber of Deputies and the Senate, to be able to promote his projects in Congress without having to depend on the support of other spaces. .
In this scenario, the oscillating relationship with the PRO appears: while some members of the Government refused to make management agreements with the party led by Mauricio MacriMilei himself always stated that he had a good relationship with the leader of the dialogue opposition.
The situation seems to have been resolved after the incorporation of some Macri leaders into the Cabinet, such as the new Secretary of Energy, Maria Tettamantiand the possible landing of the deputy for La Pampa Martin Maquieyra to the YPF board.
However, the main leaders of the ruling party continue to insist that the eventual agreement with that party for the legislative elections will be given “district by district” and that there will not necessarily be a single list throughout the country.
In fact, the libertarian leadership is especially interested in the province of Buenos Aires, where the Buenos Aires shipowner, Sebastian Parejawho reports directly to the general secretary of the presidency, Karina Mileiis already working on what will be the campaign in this territory.
With Peronism without a clear leadership and in the middle of an internal one, La Libertad Avanza sees in the next elections an opportunity to take a first step in the fight to succeed the governor Axel Kicillofand they already have the figure who could dispute that place: José Luis Espert.
The national deputy, recently incorporated into the ruling bloc, was anointed by the President himself in the same interview with Fantino, in which he predicted that “the teacher” – as he calls him – “is going to sweep” that district.
