China's overall external debt risk controllable: spokesperson

Source: Xinhua| 2018-04-19 18:19:41|Editor: ZX
Video PlayerClose

BEIJING, April 19 (Xinhua) -- Financial risk from China's external debt is controllable overall and running within a reasonable range, said Wang Chunying, spokesperson for the State Administration of Foreign Exchange (SAFE) Thursday.

All major indicators of the external debt, including the debt ratio and debt service ratio, remain within international safety standards, the SAFE spokesperson said.

Currency and deposit accounted for 42 percent of the external debt growth in 2017, or 124.6 billion U.S. dollars, according to the forex regulator.

Meanwhile, debt securities rose 107.9 billion U.S. dollars, taking up to 37 percent of growth, reflecting the increasing influence of China's interbank bond market amid its wider opening-up drive.

At the end of 2017, the outstanding external debt stood at 1.71 trillion U.S. dollars, an increase of 294.8 billion dollars from a year earlier. That translated to a debt ratio, or outstanding external debt to GDP ratio, of 14 percent, according to SAFE.

The ratio of short-term external debt to foreign exchange reserves was 35 percent, also within a reasonable range, it said.

SAFE said it was cooperating with the central bank to improve full-caliber cross-border financing macro-prudential management policy to ensure that overall debt risk was controllable.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001371228931
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
中文字幕高清色婷婷视频网 | 在线欧美日韩国产 | 亚洲Av不卡在线 | 亚洲日韩欧美精品国产 | 在线看片国产日韩欧美亚洲 | 日韩一区久久久久久 |