Tag: #Argentine Embassy in Beijing

China, Argentina expand currency swap scale as closer economic ties boost yuan’s use in Latin America

Ma Jingjing January 15, 2023

China, Argentina expand currency swap scale as closer economic ties boost yuan’s use in Latin America

China and Argentina have expanded a currency swap deal, which experts said will help the Latin American country hedge against shocks brought about by the US' financial policy tightening while promoting its own industrial development. It is likely that more Latin American countries will increase the use of...More