China's outstanding foreign debt climbs to 642.5 bln USD
0 Comment(s)
Print
E-mail
Xinhua, September 16, 2011
China's outstanding foreign debt amounted to 642.5 billion U.S. dollars as of the end of June, the country's State Administration of Foreign Exchanges said Friday.
The amount rose from the 585.97 billion U.S. dollars recorded at the end of March and does not include the outstanding external debt of the Hong Kong Special Administrative Region (SAR), the Macao SAR and Taiwan, the agency said in a statement on its website.
Outstanding long- and medium-term foreign debt stood at 180.4 billion U.S. dollars by the end of June, while the figure for short-term foreign debt was 462.1 billion U.S. dollars, the statement said.
Outstanding trade loans and financing reached 348.2 billion U.S. dollars, accounting for 75 percent of China's outstanding short-term foreign debt, according to the statement.
In terms of currency structure, debt in U.S. dollars accounted for 78.27 percent of the country's outstanding foreign debt as of the end of June, up 7.86 percentage points from the end of last year. Euro-denominated foreign debt accounted for 4.09 percent, down 0.32 percentage points from the end of last year.
