According to Argentina's "horn" reported that the Argentine National Bureau of Statistics recently released report shows that in recent years, the rapid development of bilateral trade between Argentina and China in 2010, trade volume has reached $ 13.858 billion, but at the same time the problems in bilateral trade but also can not be avoided, mainly the one hand, Argentina's growth rate is much higher than China's imports from China, export growth, which from 2004 to 2011 A growth rate of imports reached 764%, while export growth over the same period only 73%, resulting in China trade deficit has expanded each year, only the first half of this year, trade deficit reached $ 1.933 billion; the other hand, Argentina's poor export products to China, exports of primary products in a high proportion of the lack of technology and labor value added, which agricultural products in exports to China accounted for 70%, petroleum 13.5%, manufactured goods is only 3%.
Reported that the Arab side of the trade expressed concern about the above issues and concerns that the urgent need to improve the quality of trade with China about economists believe that the above or will lead to cooperation between Argentina and Brazil and other countries, by increasing the Mercosur Common External Tariffs and other temporary measures to further restrict Chinese imports.
The experts also believe that, although this practice does not violate the relevant provisions of the WTO, but only by taking this approach does not fundamentally eliminate the advantages of the two industries differ, only the adjustment of China's policy, while continuing to consolidate China's huge The soybean export market, while actively expand exports of high value-added products, is the best way to improve the quality of bilateral trade.
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