China further improves external debt structure : vimarsana.c

China further improves external debt structure


China further improves external debt structure
Xinhua
26 Jun 2021, 16:18 GMT+10
BEIJING, June 26 (Xinhua) -- China's outstanding foreign debt stood at around 2.53 trillion U.S. dollars at the end of March, data from the country's forex regulator shows.
The balance was 125.8 billion dollars higher than that at the end of 2020, up 5 percent, according to the State Administration of Foreign Exchange (SAFE).
China's external debt structure further improved in the first quarter of the year, said SAFE spokesperson Wang Chunying.
Foreign investors continue to increase their holdings of yuan-denominated bonds, which reflects the achievements of domestic bond market opening-up and investors' confidence in China's economic development, Wang said.

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