China’s Currency Swaps with Foreign Central Banks: What Does It Mean for the Country?

In recent years, the People’s Bank of China has been deepening its cooperation in foreign currency and financial markets by steadily advancing bilateral currency swaps. This year alone, the People’s Bank of China has signed (including renewals) bilateral currency swap agreements with 8 foreign central banks.…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.