Right after the World Cup, China is closing deals in South - TopicsExpress

Right after the World Cup, China is closing deals in South America. Argentina and China are close to inking an $11 billion currency swap deal. Last Friday, Argentina also signed deals to borrow $7.5 billion from China at a time when the Latin American country cannot tap global capital markets because of disputes over unpaid debt. nypost/2014/07/20/in-snub-to-u-s-argentina-turns-to-china-ahead-of-default/

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