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SAFE: China's external debt $695 billion at end 2011

03-23-2012 13:55 BJT

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China's outstanding external debt - that is, the part of total debt owed to creditors outside the country - stood at 695 billion U.S. dollars at the end of 2011, according to the State Administration of Foreign Exchange.

Of the total, outstanding "registered external debt" was more than 445 billion U.S. dollars, from which around 76 percent is U.S. dollar-denominated, 8 percent Japanese yen-denominated and 7 percent euro-denominated.

Analysts put the external debt ratio at around 9 percent and the solvency ratio at no more than 2 percent. Both of them are in line with international standards.

 

 

Editor:Zhang Rui |Source: CNTV.CN

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