02-2020 Latin American Economy & Business Report
Economy & Business Report
The new face of China’s chequebook diplomacy in Central America
In the days leading up to Macri’s investiture Argentines were treated to the unedifying spectacle of President Cristina Fernández refusing to partake in the ceremonial protocol to hand over the presidential sash and staff of office to her successor. In the end the president of the senate, Federico Pinedo, a member of Macri’s Propuesta Republicana (PRO), performed the honour after officially succeeding Fernández at midnight; Fernández vacated the presidential palace Casa Rosada in advance of the ceremony.
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