In Argentina China is already setting bases and buying lot of lands with "diplomatic status", so no one can enter them. And we have no militar defense at all here, there are even rumors of a port being constructed in the south (dispite having a big coastal territory, Argentina has mostly all his navy resources in one place, the port of Buenos Aires in the center of the country), we all kind of waiting for China to be big enought to come with tanks and some boats, we will surrender and will probably just buy the country by then.

They are probably waiting for the UE and USA to just be unpowered enought to just bitch about it without doing anything. If anything, the chinese are patient.