China emerges as Latin America’s lender of last resort

Argentine President Cristina Fernandez de Kirchner, left, poses with Chinese Premier Li Keqiang at the start of a meeting at the Great Hall of the People in Beijing Thursday, Feb. 5, 2015. Beijing is strengthening its relations with the South American country. (AP Photo/Wu Hong, Pool)BEIJING (AP) — As soon as she landed in Beijing this week, Argentine President Cristina Fernandez de Kirchner began lauding new deals with what she called the world’s “No. 1 economy,” ranging from two proposed nuclear power plants to joint space exploration.