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June 27, 2012

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External debts total US$751.3b

CHINA'S outstanding external debts totaled US$751.3 billion by the end of March, the country's foreign exchange regulator said yesterday.

Medium and long-term foreign debts totaled US$193.6 billion, while short-term debts stood at US$557.7 billion, according to figures released by the State Administration of Foreign Exchange.

Of the registered external debts of US$480.2 billion, 76.67 percent were US dollar-denominated debts while 7.05 percent and 8.23 percent were yen- and euro-denominated debts.

In the first quarter, China repaid principals totaling US$5.99 billion for medium and long-term debts, up 30.25 percent year on year. The interest paid during the period totaled US$559 million, up 21.52 percent, according to the SAFE.

The debts exclude those of Hong Kong, Macau and Taiwan.





 

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