Argentina signals return to China currency swap

Argentina's top central banker Santiago Bausili met People's Bank of China governor Pan Gongsheng in Shanghai for talks, marking a quiet step toward reviving a currency swap deal that Buenos Aires had previously unwound under US pressure. The meeting took place on the sidelines of an international symposium organized by the Bank for International Settlements and China's central bank. The move signals Argentina's delicate balancing act between Washington and Beijing as it seeks economic stability.