360° Coverage : China's foreign debt rises to $765 bn

China's foreign debt rises to $765 bn

Beijing, June 29 (IANS) China's outstanding foreign debt hit $764.97 billion by the end of March, up from about $737 billion at the end of 2012, the country's forex regulator said Friday.

Jun 28 2013, 8:04pm CDT | by

China's foreign debt rises to $765 bn
Photo Credit: Feng Li, Getty Images

Beijing, June 29 — China's outstanding foreign debt hit $764.97 billion by the end of March, up from about $737 billion at the end of 2012, the country's forex regulator said Friday.

The country's outstanding long and medium-term foreign debt stood at about $199 billion, up from about $197.06 billion at the end of December, reported Xinhua citing the State Administration of Foreign Exchange (SAE) in a statement.

Outstanding short-term foreign debt, due within one year, rose to about $566 billion from $541 billion at the end of last year, it said.

IANS

Source: IANS

 
 
 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

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