Ex-HKEX chief urges Argentina to emulate Japan-Australia model in China ties

Nicolás Aguzín, a Formosa-born former head of the Hong Kong Stock Exchange, advised Argentina at an IDEA forum to compete with China's 'hypercompetitive and almost savage' capitalism by adopting a Japan-Australia approach: maintaining strong US alliance while keeping China as top trading partner. He stressed not demonizing entrepreneurs. The advice signals a pragmatic, non-aligned economic strategy for Argentina amid shifting global trade dynamics.