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China Accuses US of Visa Block, Renews $19B Swap

8/6/2026

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Story summary
  • China’s embassy in Argentina accused the United States of revoking visas to block an Argentine firm’s partnership with Huawei.
  • The embassy posted the claim on social media late Wednesday.
  • The U.S. embassy in Argentina did not immediately comment.
  • President Donald Trump’s administration warned about Chinese influence in Latin America.
  • Chinese and Argentine central banks renewed a five-year, 130 billion-yuan ($19.3 billion) swap at 1 = 6.7488 yuan.