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currency swap

China overlooks Milei’s rhetoric, hands Argentina US$35 billion lifeline

by Walter Watson
China overlooks Milei’s rhetoric, hands Argentina US billion lifeline

China has agreed to renew currency swap tranches worth 35 billion yuan (about US$5 billion) with Argentina’s central bank until July 2026, the South American country’s monetary authorities announced on …

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Opinion | Why China should reassess its strategy in Argentina and Latin America

by Walter Watson
Opinion | Why China should reassess its strategy in Argentina and Latin America

Argentina’s Foreign Minister Diana Mondino and finance officials visited China this week amid an urgent need to renew their US$6.5 billion currency swap agreement. These swaps were frozen by China …

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Opinion: Why Argentina’s presidential run-off could rock China’s relations with Latin America

by Walter Watson
Opinion: Why Argentina’s presidential run-off could rock China’s relations with Latin America

Shortly after Argentina’s primary election in August, when the far-right candidate Javier Milei’s victory sent shock waves through the political system, I had my annual call with an old schoolmate. …

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