this post was submitted on 23 Oct 2025
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China pushes trilateral currency swap, new drone sighted: SCMP daily highlights (www.scmp.com)
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Catch up on some of SCMP’s biggest China stories of the day. If you would like to see more of our reporting, please consider subscribing.

  1. China eyes currency swap with Japan and South Korea amid trade tensions: source China is in talks with Japan and South Korea – both US allies – about a possible trilateral currency swap to bolster the region’s financial safety net and deepen economic cooperation amid US President Donald Trump’s trade war, according to a source familiar with the issue. 2....

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