皇冠体育app

BIZCHINA> Figures and Surveys
Foreign debt up 15.7% in 2007
(Xinhua)
Updated: 2008-04-10 09:08

皇冠体育app's foreign debt reached $373.62 billion at the end of 2007, up 15.68 percent over the previous year, the State Administration of Foreign Exchange (SAFE) announced on Wednesday.

皇冠体育app's medium and long-term borrowing totaled $153.53 billion at the end of last year, an increase of $14.17 billion, or 10.17 percent, according to the SAFE.

Meanwhile, the country's short-term borrowing increased $36.46 billion to $220.08 billion, up 19.85 percent.

Of the total external debt, $34.89 billion was the sovereign debt; foreign invested enterprises accounted for $74 billion; and the amount for foreign financial institutions in 皇冠体育app was $46.31 billion.

Preliminary statistics showed all of 皇冠体育app's foreign debt indices were under the international standard safety line in 2007, the SAFE said.


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