Wednesday, September 30, 2015

China's Debt_ China's external debt at $1.68 trillion in June

MarketWatch

China's external debt at $1.68 trillion in June


Published: Sept 30, 2015 5:13 a.m. ET

BEIJING--China's external debt stood at $1.68 trillion as of the end of June, the State Administration of Foreign Exchange said Wednesday.

That was up from $1.03 trillion of external debt recorded as of the end of March, official data showed.

Medium- and long-term debt accounted for $510 billion of the total, while short-term debt was at $1.17 trillion, SAFE said in a statement on its website.

The regulator said 80% of the debt was denominated in U.S. dollars.

--Grace Zhu

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