Politics Argentina's snub may strain China ties but Brics has 'dodged a bullet'

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Many agree Milei is destructive for Argentina and failing.

"Given the poor state of the Argentine economy and the damage that's being done to it by Milei's economic policies, his withdrawal is a blessing in disguise for the other Brics members - they've dodged a bullet," Mahoney said, adding that the radical libertarian was pursuing "shock therapy policies" such as a move to slash the value of the Argentine peso by over 50 per cent against the US dollar.

Argentina's snub may strain China ties but Brics has 'dodged a bullet'​

Argentina's snub of the Brics developing economies may further strain relations with China but the bloc has "dodged a bullet", according to analysts. There has been uncertainty over the relationship between China and Argentina since far-right economist Javier Milei was elected president of the...

finance.yahoo.com