China's external debt hits US$586b
Source: Xinhua |
July 8, 2011, Friday
|
Print Edition
Print Edition
CHINA'S outstanding external debt was US$586 billion by the end of March, the country's foreign exchange regulator said yesterday.
The amount does not include the outstanding external debts of the Hong Kong Special Administrative Region, the Macau SAR and Taiwan, the State Administration of Foreign Exchange said on its website.
Of the total outstanding external debt, registered external debt accounted for US$367 billion and the balance of trade credit accounted for US$219 billion.
Outstanding long and medium-term external debt accounted for 29.75 percent of the total, and outstanding short-term external debt 70.25 percent, according to the statement.
In terms of types of debt, international commercial loans totaled US$299.02 billion, accounting for 81.5 percent of the outstanding external debt.
The balance of foreign government loans and loans granted by international financial organizations amounted to US$67.85 billion, accounting for 18.5 percent of the total amount.
The amount does not include the outstanding external debts of the Hong Kong Special Administrative Region, the Macau SAR and Taiwan, the State Administration of Foreign Exchange said on its website.
Of the total outstanding external debt, registered external debt accounted for US$367 billion and the balance of trade credit accounted for US$219 billion.
Outstanding long and medium-term external debt accounted for 29.75 percent of the total, and outstanding short-term external debt 70.25 percent, according to the statement.
In terms of types of debt, international commercial loans totaled US$299.02 billion, accounting for 81.5 percent of the outstanding external debt.
The balance of foreign government loans and loans granted by international financial organizations amounted to US$67.85 billion, accounting for 18.5 percent of the total amount.
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