BIZCHINA> Top Biz News
|
China's external debt falls 10% in Q1
(Xinhua)
Updated: 2009-07-02 15:24 China's outstanding external debt reached $336.72 billion by the end of March, down 10.13 percent from the end of last year, the State Administration of Foreign Exchange (SAFE) said Wednesday. Long and medium-term external debt, which accounted for 48.48 percent of the total, stood at $163.25 billion, down 0.38 percent, or $623 million.
The newly-added mid-and-long-term debts declined by 50.90 percent year-on-year, or $3.94 billion, to $3.80 billion in the three-month period. The nation repaid principals for long and medium-term debt of $6.65 billion, up 44.77 percent and interests $805 million, down 27.22 percent, the SAFE said. (For more biz stories, please visit Industries)
|