In 2023，Argentina faces multiple difficulties：economy is shrinking，poverty is worsening，inflation is increasing to higher levels while general elections are remapping political landscape and bring about a high uncertainty for Argentina’s future. Politically，the political situation has become more complex as the political forces have re-fractured and regrouped. Unión por la Patria failed to get re-elected due to the increasingly deteriorating economy and inflation，while the far-right La Libertad Avanza（LLA）won the presidential run-off with the great support of Juntos por el Cambio（JxC）which in turn led to its internal split. Economically，the economic growth stalled and turned into contraction. Fiscal deficits are higher，Argentine peso is depreciating sharply，external debt as well as inflation is also increasing rapidly. As a result，Argentina’s poverty has continued to deteriorate，with both poverty and indigence rising. The labor market has been revitalized，with a rise in employment and a small decline in unemployment，although informal employment is still a serious problem to deal with. In terms of foreign relations，the President Alberto Fernández continued its tradition of well-balanced，diversified and pragmatism-oriented diplomacy，re-strengthening the strategic alliance with Brazil and promoting regional integration especially in CELAC，UNASUR and MERCOSUR，while maintaining good relations with the United States and the West. However，with the inauguration of new president Javier Milei，Argentina’s foreign policy took a drastic turn based on the line of ideology，not only abandoning its diplomatic tradition and turning fully toward the United States，but also frequently clashing with left-wing governments in Latin America，especially with its neighboring Brazil. As a result，China-Argentina relations are also facing challenges in the future.