China has entered into more than 30 bilateral currency swap agreements since December 2008. As of May 15, 2015, the total value of effective currency swap agreements was RMB 2.9 trillion (US$ 468 ...

Australia’s $4 billion taxpayer-funded Pacific bank has signed a deal to upgrade one of Papua New Guinea’s major ports and lock out Beijing, as China accused ... Kimbe port, PNG’s third ...

The historic deal between PNG and Australia was signed after neighbouring nation the Solomon Islands severed ties with Taiwan and signed a major security agreement with China. Papua New Guinea’s ...