China's foreign debts total $751 bn
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China's foreign debts total $751 bn

Last Updated: Tuesday, June 26, 2012, 16:31
 
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China's foreign debts total $751 bn
Beijing: China's outstanding external debts totalled USD 751.26 by the end of March, the foreign exchange regulator said Tuesday.

Medium and long-term foreign debts totalled USD 193.56 billion, while short-term debts stood at USD 557.7 billion, according to the State Administration of Foreign Exchange.

Of the registered external debts, which stood at USD 480.16 billion, 76.67 percent were US dollar-denominated debts, while 7.05 percent and 8.23 percent were yen- and euro-denominated debts, respectively, Xinhua reported.

In the first quarter, China repaid principals totalling USD 5.99 billion for medium and long-term debts, up 30.25 percent year-on-year. And the interest paid during the period totalled USD 559 million, up 21.52 percent.

IANS



First Published: Tuesday, June 26, 2012, 16:31


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