Tag: Gezhouba Group Corp

• Saturday, July 19th 2014 - 08:16 UTC

  China extends a 'financial' hand to dollar and credit strapped Argentina

  

  Argentina signed deals on Friday to borrow 7.5 billion dollars from China at a time when Buenos Aires cannot access global capital markets because of disputes over unpaid debt. Beijing also extended a three-year agreement for an 11bn swap operation between the central banks of Argentina and China.