1900亿元！中巴续签双边本币互换协议

Core Points - The signing of the bilateral currency swap agreement between the People's Bank of China and the Central Bank of Brazil aims to enhance financial cooperation and stability between the two nations [1][2] - The agreement, with a scale of 190 billion RMB/157 billion Brazilian Reais, is set for five years and can be extended, promoting the use of local currencies in trade and investment [1][2] - This agreement is part of a broader strategy to strengthen financial ties and is seen as a response to recent geopolitical tensions, particularly regarding U.S. tariffs [1][2] Group 1 - The bilateral currency swap agreement is a significant component of the global financial safety net, especially in light of recent U.S. tariff policies [1] - The People's Bank of China has signed similar agreements with 32 countries, totaling approximately 4.5 trillion RMB, indicating a strong commitment to global financial stability [2] - The renewal of the agreement reflects the deepening economic relationship between China and Brazil, with China being Brazil's largest trading partner for 15 consecutive years [2] Group 2 - The People's Bank of China plans to support Brazil in utilizing the swap arrangement effectively and will enhance policies for cross-border RMB usage [3] - A memorandum on anti-money laundering and counter-terrorism financing cooperation has also been signed, indicating a commitment to combat financial crimes [3] - Future cooperation is expected to extend to financial market development and international monetary policy coordination between the two countries [3]