China’s outstanding foreign debt up at $1.39 trillion at end-June: FX regulator

By: | Published: September 27, 2016 3:33 PM

China's outstanding foreign debt rose to $1.39 trillion at the end of the second quarter, from $1.36 trillion at end-March, the foreign exchange regulator said on Tuesday.

China's outstanding foreign debt rose to .39 trillion at the end of the second quarter, from .36 trillion at end-March, the foreign exchange regulator said on Tuesday. (Reuters)China’s outstanding foreign debt rose to .39 trillion at the end of the second quarter, from .36 trillion at end-March, the foreign exchange regulator said on Tuesday. (Reuters)

China’s outstanding foreign debt rose to $1.39 trillion at the end of the second quarter, from $1.36 trillion at end-March, the foreign exchange regulator said on Tuesday.

Short-term foreign debt stood at $867.3 billion at end-June, up from $849.1 billion at the end of first quarter, the regulator said.

Short-term foreign debt accounted for 62 percent of the total at the end of the second quarter, while medium- and long-term debt made up for 38 percent of the total, the State Administration of Foreign Exchange (SAFE) said in a statement on its website.

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