Thursday, 22 March 2012

China's End-2011 Foreign Debt Declines

China's foreign debt fell to $695 billion at the end of 2011, the State Administration of Foreign Exchange said Thursday. It decreased from $697.2 billion in the third quarter.
The registered foreign debt totaled $445.79 billion, of which 75.94 percent was denominated in the U.S. dollar and 8.06 percent in Japanese yen. Euro denominated debt was 7.49 percent.
According to commerce ministry, China attracted $7.7 billion in foreign direct investment in February, which was 0.9 percent less than in February 2011.

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