Business / Finance

China details borrowing from intl financial institutions

(Xinhua) Updated: 2014-06-25 10:42

BEIJING - China had used $86.369 billion in loans from international financial institutions by the end of last year, the Ministry of Finance said on Tuesday.

Some $66.77 billion had been withdrawn by then, and China had repaid $33.169 billion of principal, the ministry said in a statement.

The lending has been used for 618 projects, 367 of which were supported by the World Bank and 204 by the Asian Development Bank, according to the statement.

China details borrowing from intl financial institutions China details borrowing from intl financial institutions
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