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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