Walter Bloomberg
2025.10.21 16:32

CHINA, JAPAN, AND SOUTH KOREA DISCUSS TRILATERAL CURRENCY SWAP

China is in talks with Japan and South Korea about a three-way currency swap to strengthen regional financial stability and cooperation amid Trump’s trade war, a source said. PBOC Governor Pan Gongsheng discussed the idea with his counterparts Rhee Chang-yong and Kazuo Ueda during the IMF-World Bank meetings in Washington last week.

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