{"id":434930,"date":"2025-09-08T12:00:54","date_gmt":"2025-09-08T10:00:54","guid":{"rendered":"https:\/\/www.eunews.it\/2025\/09\/08\/ue-cina-accordo-di-scambio-valutario-euro-renminbi-rinnovato-per-altri-tre-anni\/"},"modified":"2025-09-08T12:17:42","modified_gmt":"2025-09-08T10:17:42","slug":"eu-china-extend-euro-renminbi-swap-agreement-for-another-three-years","status":"publish","type":"post","link":"https:\/\/www.eunews.it\/en\/2025\/09\/08\/eu-china-extend-euro-renminbi-swap-agreement-for-another-three-years\/","title":{"rendered":"EU, China extend euro-renminbi swap agreement for another three years"},"content":{"rendered":"<p>Brussels &#8211; The European Central Bank and the People&#8217;s Bank of China (PBC) extended the&nbsp;<strong>bilateral euro-renminbi currency swap arrangement for another three years,<\/strong> on unchanged terms. The ECB and PBC decided to <strong>renew&nbsp;their bilateral currency swap agreement until 8 October 2028<\/strong>, to ensure liquidity in the event of potential shortages of Chinese <span class=\"BxUVEf ILfuVd\" lang=\"en\"><span class=\"hgKElc\">renminbi<\/span><\/span> at euro area banks.&nbsp;<\/p>\n<p>The currency swap agreement with China&#8217;s central bank &#8220;is consistent with the large volumes of bilateral trade and investment between the euro area and China,&#8221; the Eurowoter notes.&nbsp;The ECB and the PBC established the first three-year bilateral currency swap arrangement on 8 October 2013, with a maximum size of CNY 350 billion and EUR 45 billion.&nbsp;It was subsequently extended in 2016, 2019, and 2022, each time for a further three-year period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Central banks extend their currency swap agreement until 8 October 2028, with unchanged conditions<\/p>\n","protected":false},"author":493,"featured_media":434922,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","jnews-multi-image_gallery":[],"jnews_single_post":{"format":"standard","override":[{"template":"1","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"0","post_reading_time_wpm":"300","post_calculate_word_method":"str_word_count","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"0","show_post_related":"1","show_inline_post_related":"0"}],"image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post_position":"meta","trending_post_label":"Trending","sponsored_post_label":"Sponsored by","disable_ad":"0","subtitle":""},"jnews_primary_category":[],"jnews_override_counter":{"view_counter_number":"0","share_counter_number":"0","like_counter_number":"0","dislike_counter_number":"0"},"footnotes":""},"categories":[25774,25705],"tags":[26112,31332,26151,32022,26364,32023],"class_list":["post-434930","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-briefs","category-business","tag-bce-en","tag-euro-en-2","tag-bank-central-en-en","tag-renminbi-en","tag-ue-cina-en","tag-valute-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/434930","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/users\/493"}],"replies":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/comments?post=434930"}],"version-history":[{"count":1,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/434930\/revisions"}],"predecessor-version":[{"id":434931,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/posts\/434930\/revisions\/434931"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media\/434922"}],"wp:attachment":[{"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/media?parent=434930"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/categories?post=434930"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.eunews.it\/en\/wp-json\/wp\/v2\/tags?post=434930"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}