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Tuesday, April 03, 2001, updated at 10:36(GMT+8)
Business  

China's Foreign Debt Down 4 Percent in 2000

By the end of 2000, China's registered outstanding foreign debt was US$145.73 billion (excluding that of Hong Kong, Macao and Taiwan), decreasing US$6.1 billion or 4 percent from the previous year, according to latest statistics released Monday by the State Administration of Foreign Exchange (SAFE).

Of the total, medium- and long-term debt accounted for US$132.65 billion , or 4 billion less than the previous year; short-term debt was US$13.08 billion , decreasing US$2.1 billion .

In 2000 China borrowed foreign debt of US$24.92 billion , and repayed principal of US$29.11 billion . The difference in exchange rate and adjustment was minus US$2.08 billion .

Of the total, the amount of sovereign debt borrowed by ministries under the State Council was US$48.96 billion , up 3.5 percent from the previous year; the debt incurred by domestic financial institutions was US$35.56 billion , down 13.1 percent; that by foreign-invested enterprises was US$46.53 billion , down 1.6 percent; that by domestic enterprises was US$13.52 billion , down 8.1 percent; and other debt was US$1.16 billion , down 28.4 percent.







In This Section
 

By the end of 2000, China's registered outstanding foreign debt was 145.73 billion US dollars (excluding that of Hong Kong, Macao and Taiwan), decreasing 6.1 billion US dollars or 4 percent from the previous year, according to latest statistics released Monday by the State Administration of Foreign Exchange (SAFE).

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