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The five macro variables that put a ceiling on trade between Argentina and China

RIO DE JANEIRO, BRAZIL - Trade between China and Argentina represents a large part of the latter country's exports. According to figures that emerged from the summit between the Asian country and Artentina, there was a year-on-year growth of around 50%.

Analyst Marcelo Elizondo talked to PERFIL and analyzed the strengths and weaknesses of this trade link. There is great potential and growth. However, the current macroeconomy, represented by 5 fundamental variables such as inflation, Central Bank reserves, dollar leakage, exchange rate gap and fiscal deficit, limits any possibility of investment and market expansion.


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