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Korea-China currency swap expires this Tuesday, with no certainty on extention

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한중 통화스와프 오늘 만기, 연장은 무산 위기에 있어 Uncertainty is hanging in the air...as a 56-billion dollar currency swap agreement with China... expires today after seven years in effect. Still,... the decision for extension-- after two previous renewals-- is up in the air,... given the ongoing dispute... over a U.S. THAAD anti-missile system deployed in Korea.Korea's finance ministry and the central bank said Monday... the government cannot confirm whether Seoul and Beijing would extend the deal for the third time,... but added the two sides could hold additional negotiations after the term expires. If the two fail to agree on an extension,... analysts say it would be a losing game for both countries. For Korea, the swap deal with China accounts for nearly 46-percent of the country's total swap with other economies,... whereas for China,... its efforts to make the yuan an international currency could be negatively affected.Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------[Subscribe Arirang Official YouTube]ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ARIRANG FOOD & TRAVEL : http://www.youtube.com/ArirangFoodTravel ------------------------------------------------------------[Visit Arirang TV Official Pages]Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------[Arirang K-Pop]YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld


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