U.S. Warns of Chinese Influence in Argentina Contract Bid
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 21 2026
0mins
Source: Newsfilter
- Contract Bid Warning: U.S. House Foreign Affairs Committee Chairman Brian Mast warned Secretary of State Marco Rubio in a letter that China is attempting to exert influence through a private proxy in the $10 billion contract bid for a 25-year operation of Argentina's Parana River, which is crucial for national security.
- Bidding Restrictions: The tender explicitly barred state-owned companies, yet Mast alleged that Belgian firm Jan De Nul has deep ties to Chinese state entities, and awarding them the contract could severely damage U.S.-Argentina relations.
- U.S. Lobbying Efforts: The Deme Group's consortium received approval from the U.S. Department of Commerce, highlighting the U.S. concern over Chinese influence in Latin America, particularly given that approximately 80% of Argentina's agricultural exports rely on the Parana River for transport.
- Concerns Over Procedural Irregularities: Argentina's anti-corruption prosecutors have raised alarms about
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Analyst Views on KKR
Wall Street analysts forecast KKR stock price to rise
9 Analyst Rating
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 94.030
Low
145.00
Averages
159.67
High
176.00
Current: 94.030
Low
145.00
Averages
159.67
High
176.00
About KKR
KKR & Co. Inc. is a global investment firm that offers alternative asset management as well as capital markets and insurance solutions. The Company’s segments include Asset Management, Insurance and Strategic Holdings. Asset Management segment offers a range of investment management services to investment funds, vehicles and accounts and provides capital markets services to portfolio companies and third parties. Asset Management segment includes five business lines: Private Equity, Real Assets, Credit and Liquid Strategies, Capital Markets and Principal Activities. Insurance segment is operated by Global Atlantic, which is a United States retirement and life insurance company that provides a suite of protection, legacy and savings products and reinsurance solutions to clients across individual and institutional markets. Global Atlantic offers individuals fixed-rate annuities and others. Strategic Holdings segment represents its participation in its core private equity strategy.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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