Economy

Argentine wages are fairly high by 3rd-world standards (about $3 an hour on average) - but they do have a good many under-exploited resources such as natural gas and lithium.

Natural gas is already well-developed there - in fact, neighboring Chile depends on Argentina for much of theirs. But with more fracking, it's estimated they could easily double their output.

Lithium output, similarly, could double or triple with the right investment; Argentina's already #4 in world lithium output.

Potash is another possibility - especially now that prices have recovered after a decade-long rut.

Suffice it to say, Chinese firms want a bigger share of that.

And with the $200 billion foreign debt Trump's pal Macri left them with (much of it to finance offshoring by short-term speculators and Argentina's own elites), Argentina's been shut out of global credit markets - making Chinese financing an easy sell for them.