China reportedly suspends US$6.5 billion currency swap agreement with Argentina

China has suspended a US$6.5 billion currency swap agreement with Argentina, and the freeze remains in effect until President Javier Milei demonstrates a clear intention to engage with Beijing, Argentine media have reported. News of the move comes just 10 days into the tenure of the new president, who campaigned on breaking ties with China, and underscores the challenge Milei will face in trying to follow through with those pledges. Asked to comment, Zhicheng Xie, the spokesperson for the Chines

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