Dublin2BuenosAires
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- Feb 21, 2012
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Nobody says That argentines are kicked out straight away, this will be gradual, contracts not renewed, monotribitutistas kicked out, no job openings for Argentines, etc. Even If Argentine government limits the visas for Chinese, they have a 120.000 big base in argentina already.
Even if they play within the BCRA regulations, they still have plenty of room to move, like giving out loans at preferential rates and finance outside of Argentina. This Will be à lot easier with à big Chinese (semi) State owned bank in Argentina
Its also the main reason why first world dont want to allow Chinese IPO companies within there boundaries, especially in a industry as critical as banking
Your changing your tune,a while ago they were having so e sort of ability to move funds out of the country, now they are just going to jeopardise there license by only hiring chinese and taking on the local unions (yes, before you comment, the local banking sector has active unions). This is all just a paranoid fantasy.
Find one example where this actually happened? It doesnt happen at HSBC.