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China's external debt at about $2 trillion by September

Updated: Dec 27,2019 08:45 PM    Xinhua

BEIJING — China's outstanding foreign debt stood at about $2.0325 trillion by the end of September, data from the country's forex regulator showed on Dec 27.

The balance was $34.5 billion higher than that in end-June, slightly up by 1.7 percent, said Wang Chunying, a spokesperson with the State Administration of Foreign Exchange.

China's foreign debt structure continued to see positive changes with risk indicators remaining stable, said Wang.

Wang expected major foreign debt indicators such as the debt service ratio to see no big changes by the end of 2019 compared with 2018, staying within the safe scope by international standards.

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